Binance leaves the Netherlands and is under investigation in France.

French authorities are looking into Binance, the biggest cryptocurrency exchange in the world, according to French media sources. The focus of the probe is on its anti-money laundering policies. It comes following the company's declaration that it was leaving the Netherlands after trying unsuccessfully to get a license from the Dutch central bank. Binance acknowledged the French authorities' visit to its premises last week in a statement and promised to abide by their requests. The competent authorities paid us a visit last week. As usual, Binance was completely cooperative, and we fulfilled our commitments as a result. In order to uphold high standards, we continue to collaborate closely with regulatory and law enforcement organizations on all ongoing compliance needs, a company spokeswoman stated. The trading of cryptocurrencies has grown in popularity in recent years among both individual and institutional investors. However, because the prices of cryptocurrencies can fluctuate greatly, concerns have been raised regarding the risks involved. In an effort to increase transparency, regulators from around the world have stepped up their pressure on cryptocurrency exchanges. Both in Europe and the United States, Binance is encountering difficulties. The Securities and Exchange Commission (SEC) and the Commodities Futures Trading Commission are suing the exchange in the US because they claim it has been operating there unlawfully and in violation of regulations meant to safeguard investors. The company and its founder, Changpeng Zhao, have both been charged by the SEC with misusing client cash. Defending its methods is Binance. To avoid a complete asset freeze, the company's US businesses are currently in discussions with the SEC. Binance has issued a warning that its operations will "grind to a halt" if a US judge approves the regulator's request for an asset freeze order. OTHER STORIES It’s enough already! Ewes have historically been treated disrespectfully. Spokesperson for Nogokpo 4 foreplay tips to drive men wild Ben Boakye claims that the government has been dishonest about its faltering gold-for-oil strategy. ‘Dirty’ online argument over LGBTQ+ between a gay Nigerian pastor and Sam George Fella Makafui on Michy’s attack on Medikal: “I felt disappointed.” Oral s3x users are more likely to develop throat cancer, according to a study.