🚀 Metaverse, DAO, and Airdrop enthusiasts, listen up! 🌐 Binance faced a setback as Germany's financial regulator, BaFin, advised them to withdraw their license application due to concerns about CEO Changpeng Zhao (CZ) and the exchange's complex structure. However, Binance denies the report and claims they actively withdrew the application to focus on EU's Crypto Asset Market (MiCA) framework compliance. Despite facing legal actions from SEC and CFTC, Binance remains optimistic and cooperative with regulators. Stay tuned for more updates! 📰