Binance Said to Be Under Investigation in France for Illegal Canvassing, Money Laundering

Binance Said to Be Under Investigation in France for Illegal Canvassing, Money Laundering

Binance, the largest cryptocurrency exchange, is under preliminary investigation by the Paris prosecutors office for both illegal canvassing of clients and aggravated money-laundering, French daily Le Monde reported on Friday. “In France, on-site visits by regulators and inspectors are part of regulatory obligations to which all financial institutions must adhere….