Binance compliance shift slows law enforcement access

The New York Times reported that Binance has quietly changed its compliance policy on sharing user data with law enforcement. Where agencies previously had more direct access channels, they now must go through formal mutual legal assistance treaty (MLAT) processes. MLAT requests are slow by design, often taking months or longer to resolve. Binance has not made a public announcement about this shift. The change was surfaced by investigative reporting, not a regulatory filing or voluntary disclosure.

For Philippine iGaming operators, Binance functions as a payment rail for a meaningful share of player deposits and withdrawals. That makes Binance a data-holding intermediary in any investigation that touches player financial activity. If AMLC or the Philippine National Police identify a suspicious transaction that runs through Binance, the evidentiary trail now hits a treaty-process bottleneck before investigators can confirm account ownership, transaction history, or counterparty details.