Crypto exchanges Gemini, BinanceUS poised for multibillion-dollar valuations in new funding rounds

Over the past year, Binance has expanded its in-house AML detection and analytics capabilities. Based on research and analysis, as well as an understanding of cybercriminals’ history and cashout tactics, Binance arrived at the conclusion that the biggest security problem in the industry today is money connected to cyberattacks being laundered through nested services and parasite exchanger accounts that live inside macro VASPs, including exchanges like Binance.com

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Source: https://www.theblockcrypto.com/news+/118917/crypto-exchanges-gemini-binanceus-poised-for-multibillion-dollar-valuations-in-new-funding-rounds?utm_source=rss&utm_medium=rss