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Ethereum World News 2023-06-16 11:51:06

Binance Under Investigation In France, Company Exits Dutch Market After Cyprus Decision: Report

Summary: Binance is under investigation in France for offering illegal digital asset services and aggravated money laundering, Le Monde reported. The platform announced its exit from the Netherlands on Friday after failing to obtain a license and meet up with AML regulations. Binance recently shut down its business in Cyprus as part of plans to comply with the newly signed EU MiCA policies. The crypto exchange is under heavy scrutiny from the U.S. SEC for allegedly operating an unregistered securities

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