Germany
Binance to Reenter Japan in August 2 Years After Regulator's Warning
Binance plans to introduce its full service in Japan in August, CEO Changpeng "CZ" Zhao said Tuesday. This comes as the largest crypto exchange by trading volume has withdrawn its application for a license from German financial regulator BaFin. "The Hash" panel discusses the outlook for Binance's global operations amid ongoing regulatory pressure.
Binance Withdraws German Crypto License Application
The move follows reports it had been rejected by financial regulators, and amid a pullback from markets including Austria, Belgium and the Netherlands
FTX Bankruptcy Claims Deadline; UK Crypto, Stablecoin Rules Passed Into Law
“CoinDesk Daily” host Jenn Sennasie dives into some of the hottest stories in crypto, including Germany’s financial watchdog reportedly denying Binance a custody license. A UK bill is giving regulators the power to supervise crypto and stablecoins becomes law. And, a closer look at how the founder of Damus is reacting to the conclusion of a two-week battle with Apple over bitcoin tips.
Binance Crypto Custody License Application Denied by German Regulator BaFin: Report
The firm told CoinDesk that it is continuing to comply with BaFin requirements in "a detailed and ongoing process."
Sam Altman's Worldcoin Integrates With Identity Management Software Okta as It Pushes Into Germany
World ID, which uses biometric data to verify users, helps apps distinguish people from bots and is more private than alternatives like Google sign-in.
BCB Group Abandons Sutor Bank Acquisition on Regulatory Delay
The payments processor also cited crypto market conditions as a reason for the exit.
Stuttgart Stock Exchange Unit Secures BaFin License for Crypto Custody
Among the institutions it expects to make use of this offering are banks, brokers, asset managers and family offices.
Germany and U.S. Seize Over $46M Crypto Tied to ChipMixer Investigation
National authorities took down the platform's infrastructure, seizing four servers and 7 terabytes of data.
No NFTs Are Securities – Yet, German Finance Officials Say
Classification of the ownership tokens as a financial instrument would imply licenses and money laundering supervision, according to regulator Bafin.
Crypto Custodian Finoa Gets License Approvals From German Regulator BaFin
The Berlin-based firm also closed a strategic venture round led by Middlegame Ventures.
