Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Crypto Exchanges => Binance => Topic started by: Mayajal on July 22, 2021, 05:04:39 PM

Title: German finance regulator warns Binance
Post by: Mayajal on July 22, 2021, 05:04:39 PM
Though unmentioned in Binance's announcement, German financial regulators BaFin wrote in April that they "reasonable grounds" to believe that these stock tokens violated securities laws. Likewise, the UK's Financial Conduct Authority launched an investigation to determine whether these tokens were indeed securities. UK and German regulators said that Binance failed to file a prospectus before rolling out its stock tokens.