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Binance improves its AML procedures by joining CipherTrace
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Binance joins the renowned blockchain analysis startup CipherTrace, this alliance is aimed at strengthening regulatory compliance by improving anti-money laundering (AML) measures.
Additionally, CipherTrace works with the Malta Financial Services Authority to assist them in the monitoring process of the cryptocurrency businesses.
image source: https://ripplecoinnews.com/weiss-ratings-says-xrp-as-base-is-perfect-for-binance
In additional news the CEO of Binance revealed that they would finally launch their decentralized trading platform at the end of April.