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TechFlow reported, according to CoinDesk, Binance has voluntarily withdrawn its license application submitted to Germany's financial regulator BaFin.
A Binance spokesperson said in an email statement, "The global market and regulatory landscape have undergone significant changes. Binance still intends to apply for appropriate licensing in Germany, but our submissions must accurately reflect these changes."
Binance has voluntarily withdrawn its license application submitted to Germany's financial regulator BaFin. In an email statement, a Binance spokesperson said, "Global market and regulatory conditions have changed significantly. Binance still intends to apply for appropriate licenses in Germany, but what we submit must accurately reflect these changes."
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