Coinbase, Binance Among Exchanges Targeted for Widened AML Checks by French Regulator: Bloomberg

1 week ago

Failure to conscionable the requirements acceptable by ACPR could compromise an exchange's quality to get a MiCA licence from France.

Updated Oct 17, 2025, 3:01 p.m. Published Oct 17, 2025, 3:01 p.m.

France is targeting cryptocurrency speech with widened anti-money laundering checks to find which volition beryllium granted European Union (EU)-wide licensing, Bloomberg reported connected Friday.

Conbase (COIN) and Binance are among those exchanges being reviewed, according to the report, which cited radical acquainted with the matter.

The French Prudential Supervision and Resolution Authority (ACPR) has been conducting tract checks since precocious 2024 and has instructed Binance to fortify its hazard controls.

"Periodic onsite inspections are a modular portion of the supervision of regulated entities," Binance said, according to the report.

Failure to conscionable the requirements acceptable by ACPR could compromise an exchange's quality to get a Markets successful Crypto Assets (MiCA) licence from France, which allows firms to connection services against the full EU.

Companies person until the extremity of June adjacent twelvemonth to get said license.

Neither Coinbase, Binance nor the ACPR responded to CoinDesk's petition for comment.

More For You

OwlTing Report Open Graph Image

Stablecoin outgo volumes person grown to $19.4B year-to-date successful 2025. OwlTing aims to seizure this marketplace by processing outgo infrastructure that processes transactions successful seconds for fractions of a cent.

More For You

U.S. Fed's Barr Catalogues Dangers to beryllium Dodged successful Future Stablecoin Regulations

Federal Reserve Governor Michael Barr astatine  DC Fintech Week (Jesse Hamilton/CoinDesk)

Federal Reserve Governor Michael Barr, who was the cardinal bank's regulatory main during the Biden administration, flagged imaginable stablecoin pitfalls.

What to know:

  • Michael Barr, the Federal Reserve politician who utilized to tally the cardinal bank's financial-supervision function, has immoderate reservations astir stablecoin risks nether the GENIUS Act.
  • Barr shared immoderate of the dangers helium sees arsenic regulators enactment to instrumentality the caller U.S. instrumentality governing stablecoin issuers.
  • A Circle enforcement agreed with overmuch of his cautionary tale.
View source