Binance France has new shareholders following a warning from the country's Financial Markets Authority (AMF). The change was prompted by issues between the original owner and US authorities. The new shareholders, Lihua He and Yulong Yan, are members of Binance's founding team. This comes after Binance France received AMF approval in May 2022, despite operating illegally since 2020. The company also struggled to find a banking partner after facing a lawsuit from the Commodity Futures Trading Commission (CFTC) in March 2023.