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CoinDesk (@CoinDesk): JUST IN: Binance has issued a formal response to Senator Richard Blumenthal over concerns about the exchange’s sanctions compliance.

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JUST IN: Binance has issued a formal response to Senator Richard Blumenthal over concerns about the exchange’s sanctions compliance. The company says allegations that it allowed sanctioned Iranian users to bypass controls are false and based on misunderstandings, adding that it enforces strict KYC rules and cooperates with law enforcement.

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