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

Author: Eamonn Sheridan | Category: Cryptocurrency

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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