How can Binance users ensure compliance with FinCEN Form 114 requirements?

1 answers

• Dec 25, 2021 · 3 years ago
  As a Binance user, it is important to note that compliance with FinCEN Form 114 requirements is not limited to Binance alone. Users should be aware of their reporting obligations for all cryptocurrency transactions, regardless of the platform used. It is recommended to keep detailed records of all transactions, including those made on other exchanges or wallets. By maintaining accurate and up-to-date records, Binance users can ensure compliance with FinCEN Form 114 requirements and avoid any potential issues or penalties.
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