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Cryptoexchange Binance to step up anti-money laundering checks

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FRANKFURT: Binance, the world’s largest cryptocurrency exchange, said on Friday that it was bringing in new customer checks for anti-money laundering requirements with immediate effect.

Binance has been under pressure from global regulators including the United States, Britain, Japan, Germany and Italy prompting it to suspend some of its products including leveraged trading and stock tokens. – Reuters

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