France Hits Binance and Coinbase with AML Checks Ahead of EU License Decisions

Cryptonews neutral
France Hits Binance and Coinbase with AML Checks Ahead of EU License Decisions

France is conducting anti-money laundering inspections on dozens of crypto exchanges including Binance and Coinhouse as regulators determine which of over 100 registered entities will receive EU-wide MiCA operating permits, with only Deblock, GOin, Bitstack, and CACEIS approved ahead of June 2026 deadline.

Article Summary

France intensifies cryptocurrency regulation enforcement as authorities launch comprehensive anti-money laundering (AML) inspections targeting major digital asset exchanges, including global giants Binance and Coinbase. The regulatory crackdown affects dozens of crypto platforms operating in France, as regulators evaluate over 100 registered entities competing for coveted EU-wide MiCA (Markets in Crypto-Assets) operating licenses. Currently, only four cryptocurrency exchanges - Deblock, GOin, Bitstack, and CACEIS - have successfully secured approval ahead of the critical June 2026 deadline. This stringent vetting process signals Europe's commitment to establishing robust blockchain industry standards and cryptocurrency compliance frameworks. The AML inspections represent a pivotal moment for the European digital asset ecosystem, as exchanges must demonstrate adherence to strict financial regulations to maintain operations. Bitcoin and broader cryptocurrency markets face increased regulatory scrutiny as the EU implements comprehensive DeFi oversight measures. These developments highlight the evolving regulatory landscape for cryptocurrency exchanges, potentially reshaping market dynamics and investor confidence across European blockchain platforms. The outcome will significantly impact which crypto service providers can legally serve EU customers post-2026.

Article Details

Source
Cryptonews
Published
October 17, 2025 at 09:37 AM
Sentiment
neutral
Type
Article
Category
bitcoin
Topics
CryptoNews

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