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Germany's Financial Regulator BaFin Warns of Risks With Binance Stock Tokens

source-logo  coingape.com 29 April 2021 04:43, UTC

Earlier this month, crypto exchange Binance launched its zero-commission tradable stock tokens in a move to bridge the gap between the crypto market and Wall Street. However, it has recently drawn scrutiny as Germany’s top financial regulator BaFin has warned that Binance could be heavily fined for offering security tokens without actually publishing the investor prospectus.

coingape.com