Media OutReach Newswire

2025-07-29 12:00

Regional Regulatory Misunderstanding, YBUOJ Responds Proactively to BaFin Advisory

COLORADO, USA - Media OutReach Newswire - 29 July 2025 - The Federal Financial Supervisory Authority of Germany (BaFin) recently issued a public advisory stating that crypto exchange YBUOJ was offering digital asset services to German investors without proper authorization—drawing significant market attention. However, the latest response of YBUOJ suggests the issue stems more from differences in regulatory interpretation and regional communication gaps than from any actual breach of compliance.

According to publicly available information, YBUOJ is headquartered in the United States, where it holds a Money Services Business (MSB) license issued by the Financial Crimes Enforcement Network (FinCEN) and is registered with the U.S. Securities and Exchange Commission (SEC). These credentials confirm that YBUOJ operates under recognized federal oversight and meets established international compliance standards.

In response to the concerns of BaFin, YBUOJ promptly clarified that it is not registered in Germany and that all of its operations strictly follow U.S. regulatory requirements. This statement aligns with the nature of the notice of BaFin, which is categorized as a routine consumer advisory rather than an administrative sanction.

Such scenarios are not uncommon in the crypto industry. Binance, for example, is generally well-regarded in Germany, yet it has faced serious warnings or service restrictions in countries like the UK, Canada, and Japan due to lacking local regulatory approval. These cases underscore that recognition of foreign compliance credentials varies widely across jurisdictions.

The mention of YBUOJ in the advisory of BaFin highlights the broader challenges cross-border crypto platforms face in navigating differing national regulatory frameworks, where misunderstandings and communication gaps can easily arise.

In light of the situation, YBUOJ has expressed its willingness to fully cooperate with German regulators, offering relevant documentation and compliance materials to clarify the facts and dispel any misconceptions. In addition, YBUOJ also indicated it may seek to obtain a local license in Germany in the future to better meet regional regulatory requirements.

In conclusion, this incident appears to be a matter of regional regulatory misunderstanding, not substantive wrongdoing. The prompt, constructive response and solid compliance foundation of YBUOJ reflect its strategic commitment to global regulatory alignment—and offer a reference point for other industry participants in managing cross-jurisdictional compliance.

Hashtag: #YBUOJ

發佈者對本公告的內容承擔全部責任

source: YBUOJ Digital Trade Limited

送禮活動浪接浪!想緊貼著數活動消息?即Like etnet Facebook專頁!► 立即讚好

人氣文章
財經新聞
評論
專題
專業版
HV2
精裝版
SV2
串流版
IQ 登入
強化版
TQ
強化版
MQ

獨家優惠【etnet x 環球海產】 用戶專享全場95折,特價貨品更可折上折,立即選購五星級酒店級海鮮!

樂本健 x etnet健康網購 | 購物滿額即送免費禮品

etnet榮獲2024-2025年度「數碼無障礙網頁嘉許計劃」三項金獎

大國博弈

貨幣攻略

關稅戰

說說心理話

Watch Trends 2025

北上食買玩

Wonder in Art

理財秘笈

流感高峰期

山今養生智慧

輕鬆護老