Binance Seeks End to $4.3 Billion Compliance Deal by 2025

- Binance in talks with DOJ to end compliance monitorship. - Monitorship stems from $4.3 billion settlement over anti-money laundering failures. On September 16, 2025, Binance, the world’s largest cryptocurrency exchange, entered discussions with the U.S. Department of Justice (DOJ) to terminate an independent compliance monitorship imposed under its $4.3 billion settlement agreement in 2023. The DOJ established the monitorship, originally slated for three years, after allegations that Binance failed to implement adequate anti-money laundering protocols. If these negotiations succeed, Binance may commit to bolstering its internal compliance measures in exchange for regulatory relief, a move that could potentially ease significant challenges the company faces. According to a Bloomberg report on September 16, federal prosecutors are reassessing the necessity of the monitorship. This reassessment, which could lead to an early termination, would align with a broader DOJ trend of reducing extended external oversight for corporations, as seen in recent years with companies like Glencore Plc, NatWest Group Plc, and Austal Ltd. The settlement agreement, which tasked compliance monitor Forensic Risk Alliance with ensuring Binance adhered to legal and regulatory standards, followed serious accusations of anti-money laundering lapses. These issues also led to the 2023 resignation of Changpeng Zhao, Binance’s founder and former CEO. The ongoing negotiations suggest a friendlier regulatory stance toward the cryptocurrency industry, and news of the talks has triggered optimism among market participants. This sentiment is reflected in the market performance of Binance Coin (BNB). According to data from CoinMarketCap on September 16, BNB was trading at $956.99 as of 21:08 UTC, marking a 4.09% rise in 24-hour trading volume.