🚨 Latest news in the cryptocurrency world! 🌐 Binance withdrew its license application to BaFin, Germany's financial regulatory authority. "There have been major changes in global markets and regulations. Binance plans to apply for appropriate permits in Germany, but it is crucial that the information presented accurately reflects these changes," a Binance spokesperson said. 📉

It was previously reported that BaFin would not grant a crypto asset custody license to Binance. 🚫

Binance withdrew its license application in Austria and exited the Dutch, Cyprus and UK markets. The Belgian financial regulator also ordered Binance to suspend all its services in the country. 🌍