Binance Withdraws German Crypto License Application

“Binance confirms that it has proactively withdrawn its BaFin application,” a spokesperson told CoinDesk in an emailed statement. “The situation, both in the global market and regulation, has changed significantly. Binance still intends to apply for appropriate licensing in Germany, but it is essential that our submission accurately reflects these changes.”

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• Source: https://www.coindesk.com/policy/2023/07/26/binance-withdraws-german-crypto-license-application/?utm_medium=referral&utm_source=rss&utm_campaign=headlines