Share this article
Binance in Talks for Regulatory Approval in Germany, CEO Says
Changpeng Zhao says the crypto exchange is recruiting compliance personnel in the country.
Updated May 11, 2023, 5:34 p.m. Published May 18, 2022, 12:26 p.m.
Cryptocurrency exchange Binance is in talks to gain regulatory approval in Germany, founder and CEO Changpeng "CZ" Zhao said.
- Binance is recruiting compliance personnel for its team in Germany and hopes to win a license there, he said at an event in Hamburg on Wednesday.
- "Our team is definitely talking with regulators here," he said.
- Binance recently registered as a digital asset service provider with the Autorité des Marchés Financiers (AMF) in France.
- Having already obtained approval to operate in Bahrain, Abu Dhabi and Dubai, Binance turned its attention to securing licenses in the world's largest marketplaces.
- A license in Germany, Europe's largest economy, could open the door to greater regulatory approval elsewhere on the continent.
Read more: German Regulator Calls for New DeFi Laws
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Turkey's Paribu Buys CoinMENA in $240M Deal, Expanding Into High-Growth Crypto Markets
With the acquisition, Paribu gains regulatory foothold in Bahrain and Dubai and access to the region's fast-growing crypto user base.
What to know:
- Paribu acquires Bahrain- and Dubai-based CoinMENA for up to $240 million.
- Deal marks Turkey’s biggest fintech acquisition and first international crypto M&A, the firm said.
- The move taps into the MENA region’s fast-growing crypto user base and supportive regulatory hubs.
Top Stories
