Core Insights - France is conducting anti-money laundering inspections on multiple crypto exchanges, including Binance and Coinhouse, as part of the process to determine which entities will receive EU-wide operating permits under the Markets in Crypto-Assets (MiCA) regulation [1][2] - The French prudential supervision authority, ACPR, has been performing on-site controls since late 2024, with specific instructions for Binance to enhance its risk controls during the examination [1][2] - Companies have until June 2026 to secure their licenses, with only a few entities, including Deblock, GOin, Bitstack, and CACEIS, having received approval so far [3] Regulatory Context - The inspections are part of a broader effort by France, Austria, and Italy to urge the EU's top markets watchdog to directly supervise major crypto companies and tighten regulations due to identified disparities in implementation across the EU [3] - Compliance checks verify adherence to conditions for PSAN registration, focusing on anti-money laundering and counter-terrorist financing controls [2] Binance's Operational Adjustments - Following a restructuring in May 2024, Binance replaced co-founder Changpeng Zhao with new shareholders to comply with French regulations that prohibit majority shareholders with criminal records [4][5] - The restructuring is part of a global project aimed at aligning with regulatory standards, as MiCA allows companies to operate across EU countries [5] Compliance Requirements - Typical demands from ACPR after inspections include hiring additional compliance staff and enhancing IT security systems, with companies given several months to comply [6] - Information collected by ACPR is shared with France's Financial Markets Authority (AMF), which is responsible for granting MiCA agreements [6]

HOUSTON--(BUSINESS WIRE)--In response to FinCEN's new Anti-Money Laundering Rule (AML), for which the reporting requirements have been delayed until March 1, 2026, Stewart Information Services Corporation (NYSE:STC) has launched FINCEN Reporting Services (FRS), a solution designed to take the pressure off its title and closing customers by collecting data, validating reportability, communicating with buyers and sellers, electronically filing required FinCEN reports, and retaining required docum. ...

Crypto Exchange KuCoin Hit With Record Anti-Money Laundering Penalty in Canada► https://t.co/o3i8jaEidz https://t.co/o3i8jaEidz ...

🚨JUST IN: CANADIAN POLICE SEIZES $40M IN CRYPTO FROM TRADEOGRE IN RECORD ANTI-MONEY LAUNDERING BUST ...

Regulatory Landscape - UK regulators are drafting new Anti-Money Laundering (AML) rules for crypto firms [1] Cryptocurrency - The new rules specifically target crypto firms operating in the UK [1]

Regulatory Cooperation - The ESAs signed a multilateral Memorandum of Understanding with AMLA to ensure effective cooperation & information exchange [1] - The collaboration between the four institutions aims to be productive [1]

ALGERIA DECLARES TOTAL CRYPTO BAN UNDER NEW AML LAW- Algeria has imposed a sweeping crypto ban, outlawing ownership, trading, mining, and promotion under a law passed on July 24, per Fibladi.- The law defines crypto assets as financial property and treats their use as a criminal offense under anti-money laundering and counter-terrorism rules. That includes popular global platforms accessed via VPNs.- This includes Bitcoin, stablecoins like Tether, and all digital wallets or exchange platforms. Even holding ...

Regulatory Landscape - AUSTRAC declares digital currencies a top threat [1] - Australia is undertaking the "most ambitious overhaul of anti-money laundering laws in a generation" [1]

Regulatory Changes - EU's new Anti-Money Laundering Authority (AMLA) 新规将禁止匿名钱包和隐私币 [1] - 政府部门需要在 2027 年 7 月前获得账户数据访问权限 [1]

Regulatory Landscape - EU Anti-Money Laundering Authority warns crypto firms of new regulations [1]