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Binance's Stock Tokens May Violate Law, Germany’s Financial Watchdog Says

BaFin said the stock tokens tracking Tesla, Coinbase and MicroStrategy have been identified as “suspicious” and the exchange could be fined up to $6 million.

Updated Sep 14, 2021, 12:48 p.m. Published Apr 28, 2021, 6:08 p.m.
Binance CEO Changpeng "CZ" Zhao.
Binance CEO Changpeng "CZ" Zhao.