Binance France changes ownership following regulator's warning

Ancient CEO Chang Peng Zhao can't be Binance Beneficiary if he wanna has keep It is French license.

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Binance France has new shareholders WHO own 100% of THE business also between them. THE move was necessary After THE country Financial Markets Authority (AMF) sent THE business A warning In December.

According to has A Blog job, THE AMF informed Binance France that he had has take action In answer has THE problems that arose between THE original beneficial owner And THE United States Justice Department, Merchandise Futures contracts Trade Commission (CFTC) And THE Treasury Financial Crimes Enforcement Network. In other words, ancient Binance CEO Chang Peng Zhao could No longer own THE company.

THE job noted that Zhao had Already took of Since THE business. He