The post Binance Leads As Illicit Crypto Activity Hits Record Low appeared on BitcoinEthereumNews.com. Cryptocurrency exchange Binance has recorded the lowest level of interaction with illegal wallets among major centralized platforms, the company told Incrypted. Illicit Activity Drops Sharply Across Centralized Exchanges According to new data from Chainalysis and TRM Labs, illicit activity on centralized exchanges declined significantly from early 2023 to mid-2025. Binance says this reflects the industry’s growing maturity and a shift toward stronger compliance and transparency. “As of June 2025, direct interaction with illegal wallets on the seven largest centralized exchanges accounts for only about 0.018%–0.023% of total transaction volume — a historic improvement in AML standards and crime detection,” the statement reads. Chainalysis reports that only 0.007% of Binance’s June transactions were linked to illicit wallets — more than 2.5 times lower than the global average of 0.018% across centralized platforms. Share of illicit transactions on Binance compared with other major crypto exchanges. Source: Press Release An independent study by TRM Labs confirmed similar results: Binance recorded 0.016% of illicit transactions, while other leading exchanges averaged around 0.023%, roughly 30% higher, according to the company. Long-Term Trend Shows Massive Reduction Between January 2023 and June 2025, Binance reduced its interactions with illegal wallets by 96%–98%. This reduction is 4–5 percentage points more effective than the average results among six other major platforms. Binance emphasized that reducing illicit activity not only protects users and investors, but also supports broader crypto adoption by creating a safer, more transparent, and more regulated market environment. The company added that given Binance processes more than $90 billion in daily transactions and approximately 217 million trades per day, maintaining one of the lowest exposure levels to illicit funds is especially significant. Source: https://coinpaper.com/12454/binance-records-just-0-007-illicit-activity-the-lowest-among-major-crypto-exchangesThe post Binance Leads As Illicit Crypto Activity Hits Record Low appeared on BitcoinEthereumNews.com. Cryptocurrency exchange Binance has recorded the lowest level of interaction with illegal wallets among major centralized platforms, the company told Incrypted. Illicit Activity Drops Sharply Across Centralized Exchanges According to new data from Chainalysis and TRM Labs, illicit activity on centralized exchanges declined significantly from early 2023 to mid-2025. Binance says this reflects the industry’s growing maturity and a shift toward stronger compliance and transparency. “As of June 2025, direct interaction with illegal wallets on the seven largest centralized exchanges accounts for only about 0.018%–0.023% of total transaction volume — a historic improvement in AML standards and crime detection,” the statement reads. Chainalysis reports that only 0.007% of Binance’s June transactions were linked to illicit wallets — more than 2.5 times lower than the global average of 0.018% across centralized platforms. Share of illicit transactions on Binance compared with other major crypto exchanges. Source: Press Release An independent study by TRM Labs confirmed similar results: Binance recorded 0.016% of illicit transactions, while other leading exchanges averaged around 0.023%, roughly 30% higher, according to the company. Long-Term Trend Shows Massive Reduction Between January 2023 and June 2025, Binance reduced its interactions with illegal wallets by 96%–98%. This reduction is 4–5 percentage points more effective than the average results among six other major platforms. Binance emphasized that reducing illicit activity not only protects users and investors, but also supports broader crypto adoption by creating a safer, more transparent, and more regulated market environment. The company added that given Binance processes more than $90 billion in daily transactions and approximately 217 million trades per day, maintaining one of the lowest exposure levels to illicit funds is especially significant. Source: https://coinpaper.com/12454/binance-records-just-0-007-illicit-activity-the-lowest-among-major-crypto-exchanges