News

Former Binance chief executive Changpeng Zhao was sentenced to four months in prison by a federal judge in Washington for violating anti-money laundering rules, far less than the three years U.S. prosecutors sought, the Guardian reported. More Canada's Toronto-Dominion Bank set aside $450 million to cover expected U.S. AML-related penalties, the Globe and Mail reported. More and More British Chancellor Jeremy Hunt took the unusual step of warning the U.K. Financial Conduct Authority to refrain from publicly identifying financial institutions suspected of regulatory breaches more frequently and at an earlier stage of investigations, the Financial Times reported. More Austrian regulators...