Trending Topic: Binance Response To US Senators Inquiry Lacks Financial Transparency

Binance has responded to a letter from U.S. Senators sent earlier this month requesting information about the crypto exchange's operations in the country, including its balance sheet. Despite omitting financial data from the letter, Binance reportedly sent the information to U.S. regulators.

Binance has responded to a letter sent by United States Senators in early March requesting information regarding the exchange's operations in the country, including its balance sheet.

Binance has responded to a letter from US senators requesting information about the exchange's operations in the US, but it did not provide the financial data requested. The exchange's chief strategy officer recognized past mistakes and emphasized the firm's compliance efforts, but failed to address the senators' concerns about transparency.

Binance's Patrick Hillman answered a letter from United States Senators requesting information on Binance's operations in the country and its relationship with Binance.US.

Binance has responded to criticisms from U.S. senators without addressing financials.

Binance News: The world's largest cryptocurrency exchange has finally responded to the severe criticism and questions about its operations that have been raised by senators in the United States, notably Elizabeth Warren. Binance Responds To Allegations Patrick Hillmann, Chief Strategy Officer at Binance, outlined the company's efforts to expand its compliance program team in a The post Just-In: Binance Finally Responds To U.S. Regulatory Concerns; But Fails To Provide Financials appeared first on CoinGape.

Crypto exchange Binance responded to criticism from U.S. senators without addressing financials, Bloomberg reported Friday, citing a 14-page letter.

Binance Chief Strategy Officer Patrick Hillman said in a response to Senators that the company was committed to compliance without revealing Binance's finances.