Binance makes fighting crypto crime more difficult, says new report
CoinDesk 2026-07-28 12:24:02
Context: A recent change to Binance's compliance rules is hindering international law enforcement's ability to obtain user data, according to a New York Times report. The modification is requiring authorities to navigate slow-moving government treaties, complicating efforts to combat crypto-related crime. This development has significant implications for the global fight against cryptocurrency-enabled illicit activities.
Key Facts
- The New York Times report claims that a quiet change to Binance's compliance rules is forcing international law enforcement agencies to rely on slow-moving government treaties to access user data, thereby complicating their investigations.
- The treaties in question are typically used for international cooperation in obtaining user data, but they often involve bureaucratic delays, which can hinder law enforcement's ability to respond quickly to emerging threats.
- Binance, one of the largest cryptocurrency exchanges, has made it more difficult for authorities to obtain user data, potentially making it harder to track and prosecute individuals involved in crypto-related crimes, according to the New York Times article.