Binance.com is one of the largest digital asset exchanges in the world – but is still unlicensed. To certain fiat money payment services Binance refers to Binance UAB, a subsidiary in Vilnius, Lithuania. Is that enough? The Bank of Lithuania,…
BaFin prosecutes non-registered crypto brokers, such as crypto-brokers.de, which offer their services in Germany but do not have the necessary licences. One main aspect for BaFin to open a prosecution or issue a warning to public is whether the regulated…
2022 is about to start – what are three takeaways from 2021? Since its introduction in January 2020 there have been only 3 companies registering with BaFin as Crypto-Asset Custodian under the German Banking Act Germany has an rather elaborated…
New Pilot Regime for market infrastructure on DLT in sight Negotiators for EU Council and EU Parliament agreed on Pilot Regime for market infrastructure on Distributed Ledger Technology. Now it is up to the EU Council to adopt the Pilot…