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Germany’s Financial Regulator BaFin Warns of Risks With Binance Stock Tokens

Earlier this month, crypto exchange Binance launched its zero-commission tradable stock tokens in a move to bridge the gap between the crypto market and Wall Street. However, it has recently drawn scrutiny as Germany’s top financial regulator BaFin has warned that Binance could be heavily fined for offering security tokens without actually publishing the investor

Earlier this month, crypto exchange Binance launched its zero-commission tradable stock tokens in a move to bridge the gap between the crypto market and Wall Street. However, it has recently drawn scrutiny as Germany’s top financial regulator BaFin has warned that Binance could be heavily fined for offering security tokens without actually publishing the investor

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Altcoin News
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Altcoin News

What Are Stock Tokens aka Tokenized Stocks? Top Exchanges to Trade Tokenized Stocks

Binance today announced the launch of a tradable stock contract at zero commission fee allowing traders to trade fractionally tokenized versions of mainstream stocks on Binance, The first stock token would be of Elon Musk-led Tesla which would be paired, traded, and fractionalized in Binance USD (BUSD).  The decision to include tokenized shares is to

Binance today announced the launch of a tradable stock contract at zero commission fee allowing traders to trade fractionally tokenized versions of mainstream stocks on Binance, The first stock token would be of Elon Musk-led Tesla which would be paired, traded, and fractionalized in Binance USD (BUSD).  The decision to include tokenized shares is to