US DOJ probes whether Binance breached Iran sanctions, Bloomberg reports

Bloomberg reports the US DOJ is investigating whether Binance breached Iran sanctions by not blocking certain trades. The headline increases perceived regulatory and compliance risk for major centralized exchanges, which can tighten liquidity conditions and raise risk premia across crypto markets. In the near term, this type of enforcement scrutiny typically pressures broad crypto sentiment and can elevate volatility as traders reassess counterparty and regulatory exposure.