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Virtual asset service providers, or VASPs, and electronic money institutions, also known as EMIs, were the main drivers behind a substantial rise in suspicious transaction reporting in France from 2022 to 2023, the country's financial intelligence unit disclosed Thursday. French banks, money services businesses and other financial services companies submitted a record high of nearly 191,000 STRs in 2023, which amounts to a year-on-year rise of more than 15 percent from 2022, the financial intelligence unit, also called Tracfin, disclosed in a 90-page annual report released Thursday. Banks and payment services providers remained by far the largest contributors of STRs...