Eleven U.S. senators have called for a federal investigation into Binance's compliance with anti-money laundering (AML) and sanctions regulations, citing reports of transactions linked to Iran and potential sanctions evasion. The lawmakers urged regulators to scrutinize the exchange's controls amid concerns over illicit financial activities. This development could lead to stricter regulatory oversight for cryptocurrency platforms in the U.S. and impact investor confidence. Binance, the world's largest crypto exchange by trading volume, faces heightened scrutiny as regulators globally intensify efforts to combat financial crime in the digital asset sector.