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Bitcoin.de Seeks Regulated Partners After BaFin MiCA Rejection
Original: Bitcoin.de Turns to Regulated Partners After BaFin Rejects MiCA License
German cryptocurrency exchange Bitcoin.de is partnering with regulated firms after BaFin rejected its application for a MiCA license. The refusal means the exchange cannot operate under the EU's new Markets in Crypto-Assets framework on its own, and it will now rely on licensed partners to continue offering services to German customers while it adapts to the stricter regulatory regime.
Why now: BaFin's rejection of its MiCA license forces one of Germany's largest crypto exchanges to restructure how it serves customers under new EU rules.
Bitcoin.deBaFinEuropean UnionBitcoin Foundation
Evidence
- Bitcoin.de Turns to Regulated Partners After BaFin Rejects MiCA License · Bitcoin Foundation
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