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France opens money laundering probe into Binance's EU operations

France Investigates Binance Over Unlicensed Operations, Money Laundering

French legal authorities have initiated an investigation into Binance, the world's leading cryptocurrency exchange, following accusations of money laundering, tax evasion, and drug trafficking. Binance achieved regulatory approval in France in May 2022, operating as a registered Digital Asset Servic

Polymarket ban threat signals wider prediction market concerns

Polymarket Faces Potential Ban in France After $3.5bn Election Trading. What Does It Mean for Prediction Markets?

France's National Gaming Authority is considering blocking access to Polymarket, the cryptocurrency prediction platform that processed $3.6bn in trading volume during the US presidential election. Polymarket is the leading blockchain prediction market. So it’s a big deal for the industry. The regula

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