Why Binance is not working in Germany?|Binance's decision to withdraw its application for a crypto license in Germany comes in response to , prompting the exchange to reassess its expansion strategy. Earlier, German regulators had informed Binance that they would not issue them a license.the country's strict regulatory environment
Why is Binance not operational in Germany? Could you explain the reasons behind Binance's decision to withdraw its application for a crypto license in Germany? Was this decision prompted by any specific event or development? Earlier, it was reported that German regulators denied Binance a license. Could you elaborate on how the country's strict regulatory environment has contributed to this situation? I'm curious to understand the exchange's reassessment of its expansion strategy in the light of these developments.