Binance, that paragon of regulatory virtue, has been gently nudged by the French to fortify its compliance protocols-because nothing says “trust us” like a government with a penchant for micromanagement. 🧑⚖️🧠
A veritable circus of compliance checks, with Binance and Coinhouse playing the role of beleaguered clowns. 🎪
- The French, ever the meticulous overseers, have been conducting a grand tour of crypto platforms, ostensibly to ensure they’re not laundering money or funding existential crises. 🧾
- Binance’s long and illustrious career of regulatory misadventures now includes a visit from the ACPR, who’ve probably spent more time on this than your average family vacation. 🌍
A recent Bloomberg report reveals that French authorities have been playing “spot the violation” on Binance and dozens of others since last year-because nothing says “innovation” like a 1980s-style audit. 📜
The EU, in its infinite wisdom, is now trying to impose a one-size-fits-all regulatory framework, as if crypto markets were a well-behaved toddler. 🧸
The ACPR, that beacon of prudence, has been inspecting Binance’s operations with the fervor of a librarian catching someone sneaking a novel into the library. 📚
Binance, ever the diplomatic giant, responded with the grace of a diplomat: “Periodic inspections are a standard part of supervision.” Because nothing says “we’re compliant” like a corporate shrug. 🙃
The EU’s latest move? To centralize control over crypto, because nothing says “freedom” like a bureaucracy with a global reach. 🌐
Last month, France, Austria, and Italy joined the “Regulate Everything” club, urging ESMA to take charge-because nothing says “trust us” like a union of regulators. 🤝
Binance’s compliance history? A masterclass in “almost, but not quite.” 🎭
Regulators have accused Binance of letting users trade without checking their identity-because nothing says “security” like a platform that’s more trusting than your average family therapist. 🧘♂️
In Australia, Binance faced scrutiny for its AML systems, which apparently needed more oversight than a toddler’s bedtime routine. 🛏️
The U.S. and DOJ, ever the stern parents, fined Binance $4.3 billion-a modest sum for a company that’s clearly been living beyond its means. 💸
In 2021, Binance left Asia, only to return via a South Korean acquisition. A true globetrotter, if not exactly a model citizen. 🌍
And in Singapore, Binance stayed under the radar by having employees work remotely-because nothing says “compliance” like a team of ghosts. 👻
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2025-10-17 14:21