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German Regulators Reject Bitcoin.de's MiCA License Application, Platform Trading Remains Suspended

Source: cointelegraph.com Event types: Regulation/Compliance
According to Cointelegraph, the German Federal Financial Supervisory Authority (BaFin) has rejected the crypto-asset service provider (CASP) license application submitted by futurum bank AG, a subsidiary of Bitcoin Group SE, under the Markets in Crypto-Assets Regulation (MiCA). Consequently, the cryptocurrency trading platform Bitcoin.de, which it operates, currently remains under trading suspension.

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