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Binance Blog published a new article, highlighting its collaboration with the Royal Thai Police in dismantling a sophisticated international money-laundering network that utilized digital assets. The operation, named Operation Skyfall, led to the issuance of 28 arrest warrants and the seizure of assets totaling over 46 million THB (approximately $1.4 million). This case underscores the significance of public-private partnerships in combating transnational financial crime.
With critical blockchain intelligence provided by Binance, the Royal Thai Police successfully dismantled a complex cross-border money laundering scheme that operated through digital assets. The investigation, codenamed Operation Skyfall, uncovered an international syndicate that laundered illicit funds through layered blockchain transactions. This effort resulted in 28 arrest warrants and the seizure of over THB 46 million (around $1.4 million) in cash and assets. Binance's Investigations team collaborated closely with the Royal Thai Police’s Technology Crime Suppression Division to trace and analyze blockchain activity linked to the syndicate. The intelligence gathered enabled authorities to track illicit fund flows across multiple jurisdictions and connect on-chain activity to identifiable criminal actors.
At a press conference announcing the case, the Royal Thai Police detailed the network’s operational methods and outlined the investigative work that led to the takedown. Akbar Akhtar, Binance’s Head of Investigations (Asia-Pacific), attended the event, where the Royal Thai Police expressed their gratitude for Binance’s support. Col. Chitsanupong Waidee, Superintendent of the Technology Crime Suppression Division, emphasized that modern financial crimes require modern investigative approaches. He noted that the collaboration with Binance was instrumental in tracing complex cryptocurrency movements that traditional banking channels could not follow. Akbar Akhtar expressed pride in the joint efforts between Binance and the Royal Thai Police, highlighting the importance of public-private partnerships in safeguarding communities from sophisticated international fraud schemes.
Operation Skyfall is the latest in a series of successful collaborations between Binance and Thai authorities, following previous operations such as Operation Fox Hunt, Operation Cyber Guardian, and Operation Trust No One. Each case reflects Binance’s long-term mission to support law enforcement through intelligence sharing, consultation, and specialized training. Globally, Binance has responded to over 241,000 law enforcement requests and delivered more than 400 training sessions to investigative agencies over the last eight years. Regional initiatives, such as the APAC Regional Law Enforcement Day, are part of Binance’s broader strategy to enhance investigative capabilities and strengthen trust in the digital-asset ecosystem.
The results of Operation Skyfall demonstrate the impact of strong partnerships in dismantling transnational criminal networks. By working closely with authorities, Binance continues to ensure that the transparency of blockchain technology serves as a tool for justice, maintaining the safety of the digital asset industry for everyone.

Are you wondering if Binance is legal in Germany? You’re in the right place. In this guide, we’ll explain Binance’s legal status, how crypto is regulated in Germany, tax rules, and why Binance is still popular among German traders.
If you’re ready to start, register on Binance with the referral code BESTCODE to get 20% off trading fees and save from day one.
Is Binance Legal in Germany?
Yes, cryptocurrency trading is legal in Germany. However, Binance currently operates without a local license from BaFin, the Federal Financial Supervisory Authority.
In July 2023, Binance withdrew its application for a German license after facing regulatory hurdles. This means it can still be accessed by users, but it’s not officially regulated in the country.
In short: Binance is not banned in Germany, but it does not hold formal approval.
Does Binance Work in Germany?
Technically, Binance can still be accessed in Germany. However, the platform does not officially support German residents, and some features may be restricted.
This means while you might still log in and trade, you should expect potential access or service limitations. Always check Binance’s official updates before starting
Binance’s Legal Status in Germany
Germany’s financial laws allow cryptocurrency trading, but exchanges must comply with BaFin regulations if they offer custody or financial services.
Binance applied for a license but decided to withdraw its request in mid-2023 after BaFin signaled it would not be approved.
Operating without a license means:
Binance cannot officially market its services in Germany
Users are not covered by German investor protection rules
Regulatory oversight is limited
This does not make Binance illegal. It simply operates in a gray regulatory area. Some German traders still use Binance for its competitive fees and large token selection.
How Crypto Is Regulated in Germany
Germany treats cryptocurrencies as financial instruments. There’s no separate crypto law, but existing financial and tax rules apply.
Key points:
Exchanges offering custody must have a BaFin license
Germany follows EU-wide rules such as the upcoming MiCA Regulation
Oversight focuses on transparency, anti-money laundering, and consumer protection
While the EU’s MiCA framework will create more unified crypto regulations, for now, rules in Germany are adaptations of existing financial laws.
Tax Regulations in Germany
Crypto profits in Germany are taxed depending on how long you hold your assets:
Held less than 1 year → Profits taxed as income at your personal tax rate (up to ~25% or more)
Held more than 1 year → Gains may be tax-free for private individuals
You must keep accurate records of all trades for tax reporting. Tools like Blockpit or CoinTracking can help simplify this process.
Also, large crypto deposits to your bank account may trigger additional checks from financial institutions
Why Binance Is Popular in Germany
Even without a German license, Binance remains one of the most used platforms among German crypto traders.
Reasons include:
Largest exchange in the world by volume
Low trading fees with up to 20% discount using BESTCODE
High liquidity for faster order execution
Advanced trading tools and security features
For many, these benefits outweigh the lack of local regulatory approval.

"7 Ways to Make $10 Every Day on Binance Without Investment"
If you're looking to earn money on Binance without any initial investment, you're in luck! Binance, one of the world's leading cryptocurrency exchanges, offers several ways to generate income for free. While it may take time and effort, earning $10 every day is entirely achievable with the right strategies. Here's a list of seven ways to do just that:
1. Participate in Binance Learn & Earn Programs
Binance regularly runs Learn & Earn campaigns, where you can earn free cryptocurrency by watching educational videos and completing quizzes. These programs are a great way for beginners to learn about crypto while earning a few bucks along the way.
How to earn:
Check Binance Academy for available Learn & Earn campaigns.
Watch the educational content and complete quizzes.
Potential Earnings: $1–$10 per campaign
2. Refer Friends to Binance
Binance’s Referral Program lets you earn a percentage of the trading fees your referred friends generate. By sharing your referral link on social media, blogs, or through word of mouth, you can passively earn crypto without investing any of your own money.
How to earn:
Share your Binance referral link.
Earn a commission whenever your referrals make trades.
Potential Earnings: $1–$10 daily, depending on the number of active referrals.
3. Claim Binance Airdrops
Binance regularly hosts airdrop campaigns for new projects launching on the platform. These airdrops distribute free tokens to users who meet specific criteria, like holding certain coins in their wallets or completing a set of tasks.
How to earn:
Stay updated on Binance’s announcements about upcoming airdrops.
Complete simple tasks like following social media accounts or joining Telegram groups.
Potential Earnings: Varies based on the airdrop value.
4. Participate in Binance P2P Arbitrage
Binance’s Peer-to-Peer (P2P) marketplace allows users to buy and sell cryptocurrencies directly with each other, often at different prices. By taking advantage of price differences across different regions, you can engage in arbitrage to make a profit.
How to earn:
Monitor P2P market trends and buy at lower prices.
Sell at higher prices within the Binance P2P platform.
Potential Earnings: $5–$15 daily with active monitoring and quick trades.
5. Engage in Free Staking or Launchpool
Many cryptocurrencies on Binance allow users to stake their tokens and earn rewards. While staking typically requires some investment, Binance occasionally offers free staking opportunities, such as through Launchpool. These can be an easy way to earn passive income on crypto you already hold, including airdropped tokens.
How to earn:
Check Binance Launchpool for free staking opportunities.
Stake your tokens and earn daily rewards.
Potential Earnings: $1–$5 daily, depending on the amount staked and reward yield.
6. Join Binance Trading Competitions
Binance hosts regular trading competitions where users can compete to win free cryptocurrency by trading specific pairs. Some competitions are open to anyone and have no entry fees, making them an excellent opportunity to earn crypto without investing anything.
How to earn:
Register for Binance trading competitions.
Trade actively to earn points and rewards.
Potential Earnings: Varies based on rankings and competition prizes.
7. Use Microtask Platforms
Some platforms like CoinMarketCap Earn and other crypto reward apps offer small tasks that pay you in cryptocurrency. These tasks typically include activities like watching videos, answering surveys, or testing new crypto platforms. Once earned, you can transfer your rewards to Binance for trading or holding.
How to earn:
Complete tasks on platforms that reward users with cryptocurrency.
Transfer your earnings to Binance.
Potential Earnings: $1–$10 daily, depending on the number and value of tasks completed.
Final Thoughts
Earning $10 every day on Binance without any investment is absolutely possible, but it requires effort, consistency, and an understanding of how different Binance features work. Whether it’s through airdrops, referral programs, staking, or arbitrage, there are multiple ways to generate free crypto and reach your daily earning goal.
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