Binance Cuts Illegal Crypto Activity to Historic Lows, Data Shows

• Illicit crypto transactions drop to historic lows across major exchanges.
• Binance leads with only 0.007–0.016% of volume linked to illicit activity.
• Industry compliance and monitoring improvements drive safer crypto trading.

The crypto sector is entering a new phase of maturity, with illicit transaction volumes on centralized exchanges falling to historic lows. This is according to a new analysis published by Binance, which uses independent data from Chainalysis and TRM Labs.

Notably, the findings show that illegal activity now accounts for only a tiny fraction of global exchange volume. This marks one of the most evident signs yet that the industry’s compliance standards and detection systems have strengthened over the past two years.

Illicit Activity Drops to 0.018–0.023% Across Major Exchanges

Across the seven largest centralized exchanges by volume,…

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