- The French ACPR is enhancing AML checks on crypto firms.
- Binance must address compliance or risk losing MiCA licensing.
- Only a few companies have EU approval so far.
The French Prudential Supervision and Resolution Authority (ACPR) is intensifying compliance checks on over 100 crypto service providers, including Binance, focusing on anti-money laundering efforts.
Failing inspections could influence Binance’s EU MiCA licensing, impacting its capacity to operate across Europe and affecting crypto accessibility in the region.
ACPR Targets Over 100 Crypto Entities for AML Compliance
French authorities are conducting stringent checks on crypto service providers’ compliance with anti-money laundering regulations. This action involves over 100 entities, such as Binance and Coinhouse. The ACPR required Binance to enhance compliance personnel and IT systems after an inspection last year.
“French companies must obtain approval by the end of June 2026.” – ACPR, Regulatory Authority, France
Despite the significant oversight, there are no public statements from key figures such as Binance’s founder. Official channels maintain silence regarding specific reactions to the inspections, reflecting caution amidst the ongoing regulatory checks.
French Regulatory Pressure Could Reshape EU Crypto Landscape
Did you know? In 2019, the French PACTE Act established clear regulations for crypto service providers. This led to increased transparency, with the AMF regularly publishing lists of authorized crypto platforms.
Bitcoin (BTC) is valued at $104,916.91 as per CoinMarketCap, representing a 5.37% drop in 24 hours. Market cap is $2.09 trillion, while dominance stands at 59.24%. Trading volume rose 47.78%, reflecting active market movements, updated on October 17, 2025.
The Coincu research team notes that enhanced compliance efforts may bolster trust among EU regulators. Historically, these actions lead to platforms covering gaps in risk prevention, subsequently attracting a more regulated investor base over time. The record digital asset inflown shows how such measures can shift market dynamics positively.
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Source: https://coincu.com/news/french-acpr-aml-checks-binance/