Germany’s financial regulator says cryptocurrency exchange Binance may have violated securities rules

Germany’s financial regulator says cryptocurrency exchange Binance may have violated securities rules

Bloomberg report on concerns at the German regulator on Binance:

  • may have violated securities rules when it issued tokenized shares of Tesla Inc., MicroStrategy Inc. and Coinbase Global Inc., BaFin said Wednesday. The exchange doesn’t appear to have filed a prospectus before offering the assets, according to a statement on the watchdog’s website.

Link here to the Bloomberg piece for more. 

BTC update, it had a spike late US time and dropped rapidly from there:

Bloomberg report on concerns at the German regulator on Binance:

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