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Binance withdraws Germany crypto license request as Europe bites back

It’s a ‘nein’ for Germany and several European countries, as regulation begins to catch up to the controversial crypto exchange.

FTX Australia license revoked nine months after implosion

FTX Australia saw its license revoked on July 14 and it now has until July next year to fully wind down all of its operations in the country.

Cross-border cooperation, client asset segregation, and ‘global stablecoins’ were top of mind for the FSB’s crypto recommendations.

Until MiCA comes into effect, it’s apparently unlawful for Danish banks to trade crypto. Saxo Bank says its bags were minimal.

Binance had its Australia locations raided by ASIC on Tuesday, hot on the heels of a French raid probing money laundering.