German regulator raised concerns about Binance CEO prior to license application withdrawal: Report – Miami Crypto Coin

German regulator raised concerns about Binance CEO prior to license application withdrawal: Report

Post author:MiamiCrypto
Post published:July 28, 2023
Post category:Bafin / Binance / Changpeng Zhao / Cryptocurrency Exchange / Germany / Regulation

BaFin reportedly advised Binance that CEO Changpeng Zhao wouldn’t pass a “fit and proper” test as part of the financial watchdog’s licensing regime.