Episode notes
Binance fights back. In today’s briefing, we cover Binance’s blistering response to a U.S. Senate Permanent Subcommittee inquiry regarding alleged sanctions violations. The exchange is calling reports of Iran-linked transactions "demonstrably false" and "defamatory," citing a 97% reduction in exposure to high-risk jurisdictions. We break down what this legal showdown means for exchange stability and the broader crypto market's battle with regulatory oversight.