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Binance France under Probe over ‘Illegal’ Crypto Service, Money Laundering: Report

Binance France under Probe over ‘Illegal’ Crypto Service, Money Laundering: Report

Binance’s local unit in France is being investigated by public prosecutors in Paris over ‘illegal’ provision of crypto services before it was licensed in May last year, CoinDesk reports. The exchange is also being probed for ‘acts of aggravated money laundering”, the outlet said, citing the French city’s public prosecutor’s office.

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