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Binance Stock Tokens Possibly Violate Security Laws: German Regulator

The Binance stock tokens are a major success but the product could be missing out on a few legal checkboxes according to German regulators as we can see in our latest binance news today. The German Financial Supervisory Authority started investigating Binance for its offering of tokenized shares and is holding a preliminary opinion that it doesn’t look encouraging for the leading crypto exchange. As per the legal opinion that was published on the website, the Bundesanstalt fur Finanzdienstleistungsaufsicht or BaFin thinks that binance could be violating the securities laws by issuing shares of publicly traded companies such as Tesla…

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