🚨 Latest news in the cryptocurrency world: Binance CEO Changpeng Zhao is under investigation by BaFin, Germany's financial regulatory authority. 😱 BaFin recommends that Zhao and Binance withdraw the license application due to concerns about its complex nature.

🔍 Binance spokesperson states that the Wall Street Journal's news is not true. Binance has voluntarily withdrawn its license application and will continue to cooperate with regulators. 🤝