Binance is closing a loophole in its Link Program that allowed some brokers to use a tiered commission system. Some platforms made extra revenue by taking the difference between their exclusive perks and what they charged customers. 🚫

Binance continues to emphasize its commitment to legal compliance despite regulatory challenges in various jurisdictions. Former CEO Changpeng Zhao reached a $4.3 billion settlement with the US Department of Justice for violating the Bank Secrecy Act and anti-money laundering regulations.