KYC changes and continuous improvement

Binance executives Richard Teng (Co-CEO), Noah Perlman (Chief Compliance Office) and Astra Cai (Global Head of Sanctions) respond to allegations from the New York Times and Wall Street Journal that the exchange knowingly facilitated $1.7 billion in crypto flows to Iranian-linked entities.Watch Noah Perlman's interview with David: https://youtu.be/VLAZEXcab3Q*This video was recorded on Feb 25, 2026.To get 5% off of your CoolWallet purchase, use my link: https://www.coolwallet.io/discount/davidcwSubscribe to my free newsletter: https://davidlinreport.substack.com/Listen on Spotify: https://open.spotify.com/show/510WZMFaqeh90Xk4jcE34sListen on Apple Podcasts: https://podcasters.spotify.com/pod/show/the-david-lin-reportFOLLOW BINANCE:Website: https://www.binance.com/enU.S. site: https://www.binance.us/X (@Binance): https://x.com/binanceX(@_RichardTeng): https://x.com/_RichardTengX (@noahbperlman): https://x.com/NoahBPerlmanFOLLOW DAVID LIN:X (@davidlin_TV): https://x.com/davidlin_TVTikTok (@davidlin_TV): https://www.tiktok.com/@davidlin_tvInstagram (@davidlin_TV): https://www.instagram.com/davidlin_tv/For business inquiries, reach me at david@thedavidlinreport.comDISCLAIMER: This video is for informational and educational purposes only and does not constitute financial, investment, legal, or tax advice. Always conduct your own research and consult a licensed financial professional before making any investment decisions.The views and opinions expressed by guests are solely their own and do not represent the views of this channel. Any forecasts or forward-looking statements are based on personal opinions and are not guarantees of future performance.This channel may include sponsors or affiliates. Their inclusion does not constitute an endorsement, and the channel is not responsible for the performance, claims, or actions of any sponsor, affiliate, or third party.No content in this video should be interpreted as a solicitation to buy or sell any securities or assets. Investments carry risk, including the potential loss of principal.0:00 - Intro.1:49 - Timeline of allegations and media reports7:30 - Addressing claims of links to Iran12:25 - Role of internal investigators16:12 - Sanctions policy on Iran and sanctioned regions20:02 - How Binance handles user data and law enforcement requests27:35 - How the DOJ determines intent in sanctions cases35:00 - Binance regulatory strategy and global licensing37:26 - Personnel changes and AI in compliance39:29 - Legal response to media and next steps42:07 - Future of compliance at Binance45:49 - Richard Teng’s concluding thoughts#binance #crypto #iran