Binance: Complies with all French laws, will not comment on the details of the investigation, user information remains secure

2023-06-16 20:32:32
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ChainCatcher news, Binance officially responded to the previous report that it was "under investigation by the Paris prosecutor for illegally providing digital asset services and money laundering," stating, "It is important to clarify that in France, on-site visits by regulators and inspectors are part of the regulatory obligations that all financial institutions must comply with. We underwent an on-site visit by the relevant authorities last week. Binance has always fully cooperated, and we have accordingly fulfilled our obligations. We continue to work closely with regulators and law enforcement on all ongoing compliance requirements to maintain high standards. Binance invests significant time and resources in collaborating with global law enforcement agencies. We comply with all laws in France, just as we do in every other market. We will not comment on the specific details of any law enforcement or regulatory investigation, only stating that information about our users is secure and will only be provided to government officials when there is a documented legitimate reason." (source link)

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