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French regulator investigates Binance for money laundering

From leaprate.com

French authorities are investigating Binance’s French unit for “illegally” providing digital asset services and “acts of aggravated money laundering,” CoinDesk reported. According to the report, Binance is being investigating the illegal operation of Binance as a digital asset service provider before it received regulatory approval in May 2022. Furthermore, the Paris public prosecutor’s office said that the crypto exchange is also being investigated for “aggravated money laundering by taking part in investment operations, concealment and conversion, the latter being carried out by perpetrators of offenses having ... (full story)

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