French regulatory authorities are intensifying their investigations into Binance, a leading cryptocurrency exchange, for potential violations of anti-money laundering (AML) regulations. The ACPR, France’s financial regulator, is leading the scrutiny under the EU’s MiCA regime which is set to come into effect in June 2026. This intensified probe focuses on Binance’s compliance with AML standards and carries significant implications for its operations across the EU. Failure to meet these standards could result in penalties, including operational limitations, impacting both Binance’s market presence in the EU and potentially influencing cryptocurrency liquidity and stability.