French financial sector regulator Autorité des Marchés Financiers (AMF) has announced that crypto exchange Binance needs to intensify its efforts to ensure anti-money laundering compliance if it wants the agency’s backing for its plans to launch a regional registered office in the country's capital.
The latest development comes shortly after Changpeng Zhao, CEO of Binance, announced that Paris would be a “natural choice” for the exchange’s regional, and potentially even global headquarters, Reuters reports.
In a November interview with French business daily Les Echos, Zhao said that in 2022, Binance hopes to secure the status of a digital asset services provider in France. He also assured that his company was focused on strengthening its
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