Binance blocked Wasabi withdrawals to comply with Singapore AML rules

Binance blocked Wasabi withdrawals to comply with the local Singapore regulations. The development has come as a shock to many Binance users, and crypto experts who are flabbergasted as to how can the cryptocurrency exchange identify payments towards an individual bitcoin wallet like Wasabi. The move by Binance Singapore was reported by many users who were perturbed about their blocked payments specifically linked to the Wasabi Bitcoin wallet. Many users said that they received a message that the exchange does not approve the ‘coinjoins’ payments to mixer/darknet websites. Binance blocked Wasabi withdrawals to comply with regulations Coinjoins technology is the