US crypto custody firm BitGo wins BaFin license in Germany: Report

Major cryptocurrency custody firm BitGo is reportedly expanding its regulatory compliance in Germany more than three years after launching a dedicated local subsidiary.BitGo has obtained a cryptocurrency license from the German Federal Financial Supervisory Authority (BaFin), according to ...

German Financial Regulator Stresses Urgent Need for Global Cryptocurrency Regulation

Rupert Schaefer, the Executive Director of Strategy, Policy and Control at the German Federal Financial Supervisory Authority (BaFin), has emphasized the importance of global regulation for the cryptocurrency industry. In a blog post, Schaefer likened regulators to air traffic controllers, and he hi ...

German regulator raised concerns about Binance CEO prior to license application withdrawal: Report

The German Federal Financial Supervisory Authority, or BaFin, reportedly advised crypto exchange Binance to withdraw its licensing application based on concerns with CEO Changpeng Zhao and the firm’s structuring.According to a July 28 report from The Wall Street Journal, BaFin advise ...

Blocknox Receives License to Offer Cryptocurrency Services in Germany

Blocknox, a subsidiary of the Stuttgart Stock Exchange, has been granted a license by the German Federal Financial Supervisory Authority (BaFin) to offer a range of services related to cryptocurrencies. This license now allows Boerse Stuttgart Digital to provide storage, trading, and management s ...