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Binance Application for German Operational License Denied by BaFin

The denial of a custody license in Germany poses significant challenges for Binance, as Germany represents one of Europe’s largest and most influential markets. Germany’s Federal Financial Supervisory Authority (BaFin) has reportedly denied the Binance exchange’s application for a crypto custody license. Finance Forward, a news publication, has reported that BaFin

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German regulator reportedly rejects Binance’s crypto custody license request

The German Federal Financial Supervisory Authority (BaFin) — the country’s financial regulator — has reportedly rejected Binance’s crypto custody license application.The news was first reported by Forward Finance, citing people familiar with the matter. Cryptox reached out to Binance to confirm the news, and a spokesperson from the firm said that

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Binance Application for Crypto Custody License Denied by German Regulator: Report

"While we are unable to share details of conversations with regulators, we continue to work to comply with BaFin‘s requirements. As expected, this is a detailed and ongoing process. We are confident that we have the right team and measures in place to continue our discussions with regulators in Germany,”

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German intelligence service launches dog-themed NFTs to fetch cyber talent

Germany’s foreign intelligence agency the Bundesnachrichtendienst (BND) has launched a dog-themed nonfungible token (NFT) collection with an on-chain treasure hunt aimed at recruiting cyber talent.Earlier in June the Federal Intelligence Service launched its “Dogs of BND” collection — 999 dog NFTs inspired by BND’s guard and security dogs as well

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Leading German asset manager unveils first multi-asset crypto ETP

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Deutsche Digital Assets (DDA), a prominent German company specializing in digital asset management, is shaking up the crypto investment scene by launching its revolutionary multi-asset crypto exchange-traded product (ETP).  This offering, known as the DDA Crypto

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German regulators launch inquiry into ChatGPT GDPR compliance

OpenAI faces another hurdle in its quest to continue doing business in the European Union as German authorities have launched an inquiry into the company’s privacy practices and GDPR compliance. As reported by AFP, regulators in Germany are demanding answers concerning the company’s intentions and ability to comply with the strict

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German Government Is Planning to Issue Electronic Securities on Blockchain

Germany is looking to modernize its capital market via the issuance of electronic securities on a blockchain platform. In an interesting development, the government of Germany is taking a blockchain-based route for the regulation of startups that are working for financial innovation. Earlier this week on April 5, Germany’s finance ministry

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