{ "id": 78699, "date": "2026-05-08T09:07:42", "date_gmt": "2026-05-08T02:07:42", "guid": { "rendered": "https:\/\/hbbgroup.net\/us-treasury-privately-demanded-binance-comply-with-monitoring-deal-report\/" }, "modified": "2026-05-08T09:07:42", "modified_gmt": "2026-05-08T02:07:42", "slug": "us-treasury-privately-demanded-binance-comply-with-monitoring-deal-report", "status": "publish", "type": "post", "link": "https:\/\/hbbgroup.net\/en_us\/us-treasury-privately-demanded-binance-comply-with-monitoring-deal-report\/", "title": { "rendered": "US Treasury \u2018privately demanded\u2019 Binance comply with monitoring deal: Report" }, "content": { "rendered": "
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Update (May 7 at 9:47 PM UTC): This article has been updated to include a statement from Binance.<\/em><\/p>\n

The US Department of the Treasury reportedly demanded that Binance follow a monitoring program put in place by a 2023 deal between authorities and the cryptocurrency exchange, following reports that the company facilitated $1 billion to entities tied to Iran.<\/p>\n

According to a Thursday report<\/a> by The Information, the Treasury Department \u201cprivately demanded\u201d that Binance be in compliance with a monitoring program to which it had agreed after reaching a deal with US authorities in 2023. The deal, which included a $4.3 billion settlement with Treasury and the US Department of Justice, required Binance to comply with a three-year monitoring program overseen by government officials.\u00a0<\/p>\n

The reported letter from Treasury followed reports that Binance fired individuals responsible<\/a> for telling the exchange\u2019s executives that $1 billion flowed through the platform to entities tied to Iran. A group of senators followed, urging Treasury Secretary Scott Bessent<\/a> to report on Binance\u2019s adherence to the 2023 settlement. <\/p>\n

\u201cBinance is committed to cooperating with the independent monitor and our ongoing collaboration with relevant agencies,\u201d a spokesperson for the exchange told Cointelegraph in response to the report. The spokesperson said:<\/p>\n

\u201cWe welcome constructive feedback from the Treasury and view this oversight as an important part of continuously strengthening our compliance and anti-money laundering controls. We are providing the monitor with full cooperation and transparency.\u201d<\/p><\/blockquote>\n

Binance\u2019s ties to the Trump administration have come under scrutiny since a United Arab Emirates-based entity invested $2 billion in the crypto exchange using the USD1 stablecoin issued by World Liberty Financial, the company co-founded by US President Donald Trump and his sons. Trump also pardoned former Binance CEO Changpeng Zhao in October 2025. <\/p>\n

Related: <\/strong><\/em>US authorities freeze $344M in crypto linked to Iran<\/strong><\/em><\/a><\/p>\n

Zhao pleaded guilty to one felony charge related to failure to maintain an anti-money laundering regime at Binance as part of the 2023 settlement.<\/p>\n

<\/figure>\n

Changpeng Zhao speaking at Consensus on Thursday. Source: Cointelegraph<\/em><\/p>\n

Zhao rules out leading another crypto company<\/h2>\n

The Information\u2019s report coincided with Zhao’s appearance at the Consensus conference in Miami on Thursday. <\/p>\n

The former CEO said he had been \u201ctrying to avoid [the] US\u201d but floated the idea of revitalizing Binance.US to give users access to global liquidity. He also dismissed the idea of being in a leadership role at a crypto company again, having resigned as Binance CEO in November 2023.<\/p>\n

\u201cI don’t think I\u2019ve got the stamina to run another startup, to lead another company,\u201d said Zhao. \u201cI\u2019m a one-trick pony. I\u2019m okay with that level. I\u2019m done.\u201d<\/p>\n

Magazine: <\/strong><\/em>Guide to the top and emerging global crypto hubs: Mid-2026<\/strong><\/em><\/a><\/p>\n<\/div>\n

Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph\u2019s Editorial Policy<\/a> and aims to provide accurate and timely information. Readers are encouraged to verify information independently. <\/p>", "protected": false }, "excerpt": { "rendered": "

Update (May 7 at 9:47 PM UTC): This article has been updated to include a statement from Binance. The US […]<\/p>", "protected": false }, "author": 5, "featured_media": 78706, "comment_status": "open", "ping_status": "open", "sticky": false, "template": "", "format": "standard", "meta": { "_acf_changed": false, "footnotes": "" }, "categories": [ 220 ], "tags": [], "class_list": [ "post-78699", "post", "type-post", "status-publish", "format-standard", "has-post-thumbnail", "hentry", "category-tien-dien-tu" ], "acf": [], "_links": { "self": [ { "href": "https:\/\/hbbgroup.net\/en_us\/wp-json\/wp\/v2\/posts\/78699", "targetHints": { "allow": [ "GET" ] } } ], "collection": [ { "href": "https:\/\/hbbgroup.net\/en_us\/wp-json\/wp\/v2\/posts" } ], "about": [ { "href": "https:\/\/hbbgroup.net\/en_us\/wp-json\/wp\/v2\/types\/post" } ], "author": [ { "embeddable": true, "href": "https:\/\/hbbgroup.net\/en_us\/wp-json\/wp\/v2\/users\/5" } ], "replies": [ { "embeddable": true, "href": "https:\/\/hbbgroup.net\/en_us\/wp-json\/wp\/v2\/comments?post=78699" } ], "version-history": [ { "count": 0, "href": "https:\/\/hbbgroup.net\/en_us\/wp-json\/wp\/v2\/posts\/78699\/revisions" } ], "wp:featuredmedia": [ { "embeddable": true, "href": "https:\/\/hbbgroup.net\/en_us\/wp-json\/wp\/v2\/media\/78706" } ], "wp:attachment": [ { "href": "https:\/\/hbbgroup.net\/en_us\/wp-json\/wp\/v2\/media?parent=78699" } ], "wp:term": [ { "taxonomy": "category", "embeddable": true, "href": "https:\/\/hbbgroup.net\/en_us\/wp-json\/wp\/v2\/categories?post=78699" }, { "taxonomy": "post_tag", "embeddable": true, "href": "https:\/\/hbbgroup.net\/en_us\/wp-json\/wp\/v2\/tags?post=78699" } ], "curies": [ { "name": "wp", "href": "https:\/\/api.w.org\/{rel}", "templated": true } ] } }