Why Binance is not working in Germany?

Could you please elaborate on the reasons why Binance is not operational in Germany? I'm curious to understand the specific regulatory challenges or legal obstacles that might be preventing its operations in the country. Could it be due to compliance issues with German financial authorities? Or is it a matter of Binance not having the necessary licenses to operate in the German market? I'm also interested in knowing if there are any plans for Binance to resolve these issues and resume operations in Germany in the future. Could you provide any insights into this matter?