Binance Sees Significant Reduction in Sanctioned Entity Exposure

Binance has made significant strides in reducing its exposure to sanctioned entities, with a reported 97% decline since January 2024.

The exchange's compliance efforts have been under scrutiny recently, with accusations of sanctions violations and claims that investigators were dismissed for raising concerns. However, Binance has denied these allegations, stating that the information is incomplete and mischaracterized.

According to data shared by the exchange, sanctions-related exposure as a percentage of total exchange volume fell from 0.284% in January 2024 to 0.009% by July 2025, representing a 96.8% decline. Direct connections to the four largest Iranian cryptocurrency exchanges also dropped by 97.3% over the period.

Binance has emphasized its commitment to compliance and highlighted its efforts to strengthen its program. The exchange has reported processing over 71,000 requests from authorities and supporting more than $131 million in confiscations in 2025 alone.