Binance is negotiating with the U.S. Department of Justice (DOJ) to eliminate the requirement for an external compliance monitor from its 2023 $4.3 billion settlement agreement. The monitor was initially set for a three-year term. While the DOJ has not yet made a final decision, it may require Binance to enhance its compliance reporting instead. This move follows the DOJ's previous decisions to remove monitors from other companies due to high costs and operational impacts.