Morning Edition · Wednesday, September 23, 2026Published at 7:09 AM EDT · New York
The inquiry comes three years after a $4.3 billion settlement that covered roughly $898 million in trades between United States and Iranian users, and lands as Binance closes its Ukrainian hryvnia rails.

Federal prosecutors are examining whether Binance permitted trading it knew breached United States sanctions on Iran, according to reporting first published by Bloomberg Law and covered by Bitcoin Magazine. The United States Attorney's Offi…
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States Turn Crypto Rails Into Sanctions Instruments
Governments increasingly track, freeze, and seize on-chain assets to enforce sanctions, turning traceable ledgers and centrally controlled stablecoins into extensions of financial statecraft rather than escapes from it.
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