Binance Negotiates DOJ Deal to End Compliance Oversight Early

- Binance seeks to end court-mandated compliance oversight ahead of schedule. - Discussions reflect potential pro-crypto shift in regulatory approach. Binance, the world's largest crypto exchange, is reportedly in discussions with the U.S. Department of Justice (DOJ) to end its compliance monitorship ahead of schedule. This framework stems from a 2023 settlement in which Binance admitted to charges of money laundering and sanctions violations. Sources indicate the move aligns with the current administration's regulatory stance, which prioritizes supporting crypto businesses over imposing extended punitive measures. On September 16, 2025, multiple media outlets reported that Binance is in confidential discussions with the DOJ about this early termination. The current arrangement requires Binance to follow strict anti-money-laundering and sanctions compliance protocols under the watch of two independent monitors: Forensic Risk Alliance, appointed by the DOJ for a three-year term, and a representative from Sullivan & Cromwell, assigned by the Financial Crimes Enforcement Network (FinCEN) for five years. These monitorships aim to ensure Binance operates transparently and complies with U.S. financial laws, although it remains unconfirmed whether Binance is also negotiating with FinCEN to shorten its separate monitorship. Reports suggest Binance may propose enhanced compliance reporting to secure an early termination. While no agreement is final, the development mirrors a broader shift in the DOJ's attitude under President Trump’s second term, which favors supporting the growth and stability of crypto firms through reduced corporate oversight. According to CoinMarketCap, Binance Coin (BNB) was trading at $952.78 as of 19:08 UTC on September 16. This price represents a 3.37% increase in 24-hour trading volume.