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BaFin rejects Bitcoin.de MiCA licence; 1.1M users in limbo

FROM THE WIRE · FINANCEFEEDS.COM

BaFin refused futurum bank's MiCA licence, so Bitcoin Group will restart bitcoin.de via regulated partners. Trading has been largely halted since June 12.

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishBaFin's MiCA licence rejection forces Bitcoin Group to restart bitcoin.de via regulated partners after trading halt since June.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01BaFin refused MiCA licence to futurum bank, Bitcoin Group's partner.
  2. 02Bitcoin Group must restart bitcoin.de via alternative regulated partners.
  3. 03Trading on the platform has been largely halted since June 12.

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