French MEP asks regulator to justify Binance approval, cites Reuters report


FILE PHOTO Zhao Changpeng founder and chief executive officer of Binance attends the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris France June 16 2022. REUTERSBenoit Tessier

FILE PHOTO: Zhao Changpeng, founder and chief executive officer of Binance, attends the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France June 16, 2022. REUTERS/Benoit Tessier

LONDON (Reuters) -A French Member of the European Parliament (MEP) urged France's market regulator to review its decision to register the Binance cryptocurrency exchange, citing a recent Reuters investigation into money laundering on the platform.

In a June 13 letter, Aurore Lalucq, also a member of the European Parliament's Committee on Economic and Monetary Affairs, asked the AMF regulator to justify its "incomprehensible" decision to register a Binance unit as a digital assets service provider.

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