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Binance Seeks German License to Expand European Operations

  • Crypto exchange in talks with BaFin over permissions, CEO says
  • Regulator warned against Binance’s stock tokens in 2021
Changpeng ‘CZ’ Zhao
Changpeng ‘CZ’ ZhaoPhotographer: Benjamin Girette/Bloomberg
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Binance is courting Germany’s financial regulator over a license to operate in the country, a little over a year after it was admonished for offering stock-like tokens without publishing an investor prospectus.