Solarisbank, a banking service provider, is helping Binance gain regulatory status in Germany

According to The Block, Solarisbank CEO Roland Folz says his company is working with Binance, To help Binance come under full supervision in Germany by BaFin, the German financial regulator. As previously reported by law, Binance CEO CZ went to Hamburg, Germany to attend the Marketing Rock Star Festival (OMR) on May 17 and 18. CZ said inan interview with Cryptology at the conference that Germany is an important member of G7 and an important market for cryptocurrency. The Binance team is in active communication with The German regulatory authorities. In addition to aggressively recruiting compliance staff, Binance is currently actively applying for licenses to establish a healthier cryptocurrency industry ecosystem.