BaFin reportedly had concerns with Binance CEO Changpeng Zhao (CZ) and the firm.
managing directors — in this case referring to CZ — must “have the required professional qualification and be of good repute to manage an institution and must dedicate sufficient time to performing their functions.”announced on July 26
that it had withdrawn its application in Germany, saying at the time the decision was based in part on focusing the company’s effort to become compliant with the European Union’s Markets in Crypto Assets framework. A spokesperson for Binance told Cointelegraph The Wall Street Journal story was inaccurate. The exchange did not provide a specific response on the details regarding CZ at the time of publication.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Binance Pool Launches Bitcoin Cash (BCH) Mining Service | Binance SupportBinance Pool launches the Bitcoin Cash (BCH) mining service. BCH utilizes the Full-Pay-Per-Share (FPPS) settlement method. Mining rewards will be automatically credited to users’ Funding Wallets by 10:00am UTC daily. Full details 👉
Read more »
Binance and its CEO seek dismissal of CFTC complaintBinance and its CEO Changpeng Zhao have filed a motion to dismiss a complaint against the cryptocurrency exchange by the U.S. Commodity Futures Trading Commission (CFTC), the company said in a court filing on Thursday.
Read more »
Apple CEO Tim Cook was denied his company’s credit card: reportThe snafu was one of several problems that festered between Apple and its partner in the project, Goldman Sachs.
Read more »
Binance Files Joint Motion To Dismiss CFTC Complaint | CoinMarketCapCryptoNews: Binance plans to petition the court to dismiss the case that the Commodity Futures Trading Commission (CFTC) launched against Binance, the largest Cryptocurrency exchange in the world, in March of this year. 👁
Read more »
Binance and Coinbase Market Shares at Stake Amidst Regulatory Turmoil: DataRegulatory headwinds are eating away Binance and Coinbase's market share.
Read more »
Binance to Restore Full Services in Japan in August, CZ Unveils – Exchanges Bitcoin NewsCryptocurrency exchange Binance will start offering full services in Japan next month, founder Changpeng Zhao (CZ) announced.
Read more »