France Ramps Up Crypto Exchange Inspections as MiCA Deadline Looms
These inspections will determine which companies can operate across all 27 European Union countries under new regulations.
France’s banking regulator is conducting extensive anti-money laundering checks on Binance and dozens of other cryptocurrency exchanges, according to a Bloomberg report published October 17, 2025.
The French Prudential Supervision and Resolution Authority (ACPR) started these confidential reviews in late 2024. Over 100 registered crypto service providers in France face evaluation before a critical June 2026 deadline. Companies that fail to meet requirements risk losing access to the entire EU market.
The High Bar for EU-Wide Operations
Getting approval is proving difficult. Out of more than 100 registered…