Odaily Planet Daily News Canadian regulators fined Binance 6 million Canadian dollars (US$4.3 million) on the grounds that the cryptocurrency trading platform violated the country's financial regulations twice. The Financial Transactions and Reports Analysis Center of Canada (FINTRAC) stated that despite providing Binance with multiple opportunities, it failed to register as a foreign money service business. In addition, between June 1, 2021 and July 19, 2023, Binance failed to report 5,902 cryptocurrency transactions with an amount exceeding US$10,000 and the accompanying KYC information to regulators. (Coindesk)