PANews reported on September 17 that according to Bloomberg, people familiar with the matter revealed that the cryptocurrency exchange Binance is negotiating a potential agreement with the U.S. Department of Justice. The agreement will allow Binance to be exempted from a key supervisory requirement when paying $4.3 billion to settle charges of "failure to take adequate measures to prevent money laundering." Federal prosecutors are discussing with Binance the requirement to establish an external compliance monitor. If this requirement changes, it will mark the latest softening trend of the U.S. Department of Justice in the use of independent supervision. The Department of Justice has previously canceled several monitors appointed by the Biden administration. The Department of Justice has not yet made a final decision on whether to cancel the three-year supervisory system. Before the approval of the Department of Justice, Binance may still be subject to stricter compliance reporting requirements.