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Binance Under Scrutiny in France’s Broader Anti-Money Laundering Review

TLDR French regulators demand that Binance tighten its compliance and risk management systems. Crypto firms in France face expanded AML checks to meet EU MiCA standards. Binance, among several firms urged to enhance anti-money laundering measures. Non-compliance with AML standards could lead to penalties or MiCA disqualification. French authorities have ramped up their efforts to [.] The post Binance Under Scrutiny in France’s Broader Anti-Money Laundering Review appeared first on CoinCentral.

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Florida Takes Second Shot at Bitcoin Reserve After First Bill Collapsed

TLDR Florida lawmaker Webster Barnaby filed HB 183, allowing the state to invest up to 10% of public funds in digital assets including Bitcoin, crypto ETFs, NFTs, and blockchain products The new bill expands beyond the Bitcoin-only focus of the failed HB 487 from June 2024 and adds stricter custody, documentation, and fiduciary standards If [.] The post Florida Takes Second Shot at Bitcoin Reserve After First Bill Collapsed appeared first on CoinCentral.