France Launches Investigation into Binance Amid EU Crypto Crackdown

Binance is under scrutiny in France for potential financial misconduct, with the investigation spanning from 2019 to present. French authorities are examining Binance’s activities across the country and the entire European Union, focusing on money laundering and tax fraud allegations. This probe adds to Binance’s regulatory challenges as the EU prepares stricter crypto regulations that could impact market confidence and operational standing.