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Coinhouse, Binance Among Exchanges Targeted for Widened AML Checks by French Regulator: Bloomberg

Failure to meet the requirements set by ACPR could compromise an exchange’s ability to get a MiCA license from France.

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💡 DMK Insight

The stakes are high for crypto exchanges eyeing a MiCA license in France, as the ACPR’s stringent requirements act like a gatekeeper to legitimacy. Failing to meet these standards not only jeopardizes their operational future but also sends a ripple of uncertainty through the market. This situation underscores the importance of regulatory compliance in an industry often criticized for its lack of oversight. As exchanges scramble to align with these rules, investors should keep a close eye on which players can adapt and thrive in this evolving landscape.

📮 Takeaway

Monitor exchanges’ compliance with ACPR to gauge their potential for long-term viability.

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