🚨Binance withdraws its crypto custody license application in Germany! 🇩🇪 But don't worry, they plan to re-apply soon. 😅

- Binance confirmed withdrawal on July 26, after reports of rejections from BaFin

- Spokesperson says they'll re-apply with changes reflecting the evolving regulatory environment

- CEO Changpeng Zhao focuses on EU's MiCA regulations for European expansion

🌍 Binance faces regulatory troubles in the US, investigations in France, and recently exited the Dutch market. 📉

🤔 What do you think about Binance's regulatory challenges? Share your thoughts below! 👇