Largest by transaction volume cryptocurrency holding the title of Binance’s The investigations he has faced are endless. Binance, which was sued in the US last week, is now under the lens of the French authorities.
According to the news published in Le Monde, the country’s local press, the Paris Prosecutor’s Office opened an investigation into the stock market. Prosecutors are accusing Binance of running its services illegally. Apart from this, the crypto trading platform also sat on the agenda of the country with the claim of black money. Allegedly, Binance plays an important role in criminals laundering their money.
The French prosecutor, who opened the investigation, is preparing to seize documents and computers belonging to Binance components in the country to examine.
Binance Exits The Netherlands!
The leading cryptocurrency exchange became the agenda with the negative developments from Europe today. In addition to the investigation opened by France, news came from the Netherlands.
Officials who made a statement on the official website today announced that Binance has decided to exit the Dutch market. According to the blog post, the crypto trading platform failed to get a license from the country authorities despite intense efforts.
Binance users residing in the Netherlands will only have access to the withdrawal service from tomorrow. The exchange will not accept new users from the country.
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