France on money laundering grounds. to Binanceannounced that he was suing.
According to the Paris prosecutor’s statement, Binance’s It said it illegally provided digital asset services to local customers and enforced poor money laundering controls. He is under investigation by local authorities for illegal provision of digital asset services and aggravated money laundering actions.
Paris Chief Public Prosecutor’s Office Made a Statement on the Subject
“The documentary and computer elements collected during the search will now have to be the subject of an in-depth study,” said the Paris Public Prosecutor’s Office. Also, the news is that Binance, the company’s country’s anti-money laundering ( AML) came when he announced that he was leaving the Netherlands after failing to obtain a license to show that he had complied with the rules.
A blow to Binance, which has been on the agenda recently with the SEC crisis, came from France. The crypto ecosystem is wondering what kind of solution Binance will follow, which has been in trouble with regulators and governments.
