![]() HNT, BLUR, ARB, EGLD, 00, AUDIO, LDO, ATA are now available to Germany residents.- Coinbase Assets □️ July 25, 2023Ĭoinbase has also made headlines despite the SEC lawsuit, as it was named by both Nasdaq and CBOE spot Bitcoin exchange-traded fund (ETF) applicants as their market surveillance partner. The platform added eight crypto assets for German residents after it expanded XRP's availability to the country last week. and Europe, Coinbase has been expanding its offerings in Germany. While Binance is facing mounting pressure in both the U.S. ![]() Binance still intends to apply for appropriate licensing in Germany, but it is essential that our submission accurately reflects these changes," the spokesperson further said. "The situation, both in the global market and regulation has changed significantly. "Binance confirms that it has proactively withdrawn its BaFin application," a spokesperson for the company told Bloomberg via email. This marks another regulatory setback for the exchange after facing restrictions in Belgium, denial of a license application in the Netherlands, and an ongoing investigation in France for alleged violations of anti-money laundering laws. However, on Wednesday, Binance confirmed that it had withdrawn its application to register with BaFin. Last month, German media reported that BaFin denied Binance's crypto custody license application.īinance initially claimed to have the right team and measures in place to continue discussions with German regulators. In Europe, Binance has encountered numerous issues, with several countries ordering the exchange to cease operations. Securities and Exchange Commission (SEC) following a lawsuit alleging violations of U.S. Recently, they faced regulatory enforcement from the U.S. Meanwhile, Coinbase has announced that eight crypto assets are now available to its German users.īoth Binance and Coinbase are among the world's largest centralized cryptocurrency exchange platforms by trading volume.
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