Exclusive: DOJ Considers Axing Binance’s Compliance Watchdog in Major Policy Shift

Binance's compliance overseer faces potential removal by the DOJ—raising eyebrows across crypto markets.

Regulatory Roulette

The Justice Department weighs ditching the court-appointed monitor—a move that could signal looser oversight for the world's largest exchange. Sources say the decision hinges on Binance's recent compliance efforts, though skeptics whisper it's more about political favors than actual reform.

Market Whiplash

BNB barely budged on the news—traders clearly think regulatory theater is just part of crypto's charm. Meanwhile, traditional finance folks clutch their pearls, muttering about 'another example of crypto's accountability problem' between sips of overpriced coffee.

Bottom Line: When regulators play musical chairs, someone always ends up standing—usually the investors.

Binance’s DOJ Compliance Regulator

Binance, the world’s largest crypto exchange, has been in a lot of legal incidents over the last few years. The firm’s founder even served a prison sentence over Bank Secrecy Act violations. As part of a previous DOJ settlement, Binance was obligated to maintain a third-party compliance monitor for three years, but this may be ending:

*BINANCE NEARS DEAL TO ESCAPE COMPLIANCE MONITOR IMPOSED BY DOJ: BBG

Unsubstantiated rumors claim that Binance has nearly reached an agreement with the DOJ to rid itself of this compliance monitor. Although the details haven’t fully surfaced yet, this certainly seems plausible: President Trump’s ongoing war on crypto enforcement has touched many similar cases.

Just a few months ago, for example, the SEC moved to drop a lawsuit against Binance, and the DOJ is also interested in loosening past enforcement. It’s very easy to imagine that Binance could get its compliance monitor removed, too.

Still, this incident may contribute to a growing culture of impunity in the Web3 community. “Crime is legal now,” the common refrain goes, and today’s incident could constitute further evidence.