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News Explorer — Binance Denied Custody License by German Regulator BaFin: Report

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Jun 29, 9:33 am
Coindesk

Binance Denied Custody License by German Regulator BaFin: Report

Germany's financial watchdog, BaFin, has reportedly denied crypto exchange Binance a custody license, although it is unclear if this decision is formal or still under discussion. Binance has faced regulatory struggles, withdrawing its application for approval in Austria, giving up its registration with Cyprus securities regulator, and quitting the Netherlands.

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