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France’s ACPR Steps Up AML Reviews of Over 100 Crypto Firms

France’s ACPR Steps Up AML Reviews of Over 100 Crypto Firms

France’s ACPR is conducting anti-money laundering inspections on major cryptocurrency exchanges, including Binance and Coinhouse, to determine eligibility for EU-wide MiCA licensing before June 2026.

Summary

France’s ACPR has escalated anti-money laundering checks on cryptocurrency exchanges, such as Binance and Coinhouse, as part of efforts to verify compliance for EU-wide MiCA licensing. The inspections, which started in late 2024, focus on AML and counter-terrorism financing measures. Over 100 crypto service providers are registered in France, with the ACPR reviewing compliance ahead of the June 2026 deadline for MiCA licensing.

Terms & Concepts
  • Anti-Money Laundering (AML): A set of regulations and processes aimed at preventing the illegal generation of income through financial systems.
  • MiCA (Markets in Crypto-Assets): The EU regulatory framework establishing harmonized rules for crypto-assets and service providers across member states.
  • ACPR (Prudential Supervision and Resolution Authority): France’s financial regulator responsible for supervising banks and insurance companies, including crypto service providers.