Reuters: Binance Practiced Poor KYC A recent investigative re | Blockdesk

Reuters: Binance Practiced Poor KYC

A recent investigative report by Reuters has revealed that Binance, the largest cryptocurrency exchange by trading volume, has not been cooperative with regulators. Leading the list of regulatory concerns is Binance’s failure to maintain a robust Know Your Customer (KYC) program, despite repeated recommendations from the company’s internal compliance unit.