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Retail FX
Germany’s BaFin Says Trading Platform GTS Financial Not Authorized
2022-09-19T15:41:31.410+02:00
GTS Financial is not under BaFin's supervision.
The regulator last month flagged LiquiTrade Limited.
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Regulation
BaFin Clarifies Crypto Investments Are Not Protected by Deposit Insurance
2022-08-23T13:21:43.200+02:00
General insolvency laws and customer contracts will be applicable for recovery.
Several crypto companies filed for insolvency recently.
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FinTech
LiquiTrade Is Operating ‘Illegal Banking Services’ in Germany, BaFin Says
2022-08-12T18:39:37.124+02:00
BaFin said content of latoken.com justifies the conclusion.
It added that LiquiTrade Ltd is not licensed under the German Banking Act.
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FinTech
Germany’s BaFin Fines BofA $5.3M for Delay in Reporting Voting Rights Notifications
2022-08-11T21:06:49.011+02:00
Additional details are yet to emerge.
Bank of America’s net income dropped 13% to $6.1 billion in Q2 2022.
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CryptoCurrency
BaFin Says Lucrative ‘Crypto Assistant’ Job Not from CWE Capital
2022-06-13T18:58:46.274+02:00
BaFin says CWE Capital Holding is not the operator of cwe-capital.com.
Hired 'crypto assistants' can be prosecuted, the regulator further says.
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CryptoCurrency
After France's Nod, Binance Faces Germany to Deepen Ties in Europe
2022-05-20T17:25:45.726+02:00
Binance is seeking an operating license from BaFin.
The exchange received France's AMF DASP registration last month.
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Regulation
BaFin to Investigate blockchains.de
2022-05-11T22:30:00.000+02:00
The trading platform is not supervised by BaFin.
Blockchains.de business address is located in London, UK, as of press time.
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Felipe Erazo
Retail FX
BaFin Launches Investigation against UpbitFx Exchange
2022-04-05T03:41:00.000+02:00
The website is not authorized or regulated by BaFin.
The company had allegedly cloned parts from another BaFin-regulated firm's website.
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CryptoCurrency
BaFin Warns Investors of Crypto Trading Advices on Social Media
2022-02-07T16:32:02.024+02:00
Caution is advised if only success stories are highlighted without the risks.
BaFin advises investors not to be lured by 'high profits and safe investments'.
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Matti Williamson
Institutional FX
BaFin Fines Deutsche Bank €8.66M for Benchmark Control Failures
2021-12-29T12:32:43.494+02:00
It was a big blow to the reputation of the German lender.
The bank has already accepted the fine.
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Arnab Shome
Institutional FX
Germany’s BaFin Fines Vanguard Group €290K
2021-12-02T21:16:00.000+02:00
The fine came to tighten compliance on voting rights notifications when reporting thresholds.
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Regulation
Germany’s BaFin Says CoinsTrades Is an Unauthorized Trading Platform
2021-10-20T22:20:59.000+02:00
The German financial watchdog is currently investigating the platform which is registered in St. Vincent and the Grenadines.
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Felipe Erazo
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Regulation
New Germany’s BaFin President Vows for Bolstering Supervision Tasks
2021-10-14T00:50:47.000+02:00
Experts said that the institution needs to be more 'receptive' to the changes to restore its credibility.
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News
BaFin Launches Investigation against BitcoinWelt
2021-09-17T20:49:15.000+02:00
Germany's financial regulator says BitcoinWelt is not authorized nor supervised by the local authorities.
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Retail FX
BaFin Investigates Flab Group LTD for Alleged Unauthorized Activities
2021-08-27T18:59:29.000+02:00
The company is reportedly the operator of the trading platform fortexo.co, already licensed in St. Vincent and the Grenadines.
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Felipe Erazo
Regulation
Coinbase Obtains a Crypto License from Germany’s BaFin
2021-06-28T23:05:43.000+02:00
Coinbase Germany GmbH is set to be launched 'in the coming weeks' after the green light granted by the regulator.
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News
BaFin Orders Neobank N26 to Strengthen AML Measures
2021-05-13T08:33:02.000+02:00
The company has to rectify deficiencies both in IT monitoring and in customer due diligence.
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Arnab Shome
News
BaFin Warns against ‘Highly Risky’ Crypto Investments
2021-03-19T14:03:31.000+02:00
Many European regulators are warning small investors about the risks of cryptos.
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News
BaFIN Blames Employee for Wirecard Insider Trading
2021-01-28T13:43:01.000+02:00
The regulator suspended the employee and also filed a criminal complaint.
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Regulation
BaFin Lashes Out on Cypriot Brokers for Non-Compliance
2020-12-18T13:37:51.000+02:00
48 percent of the European brokers are licensed in Cyprus.
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Regulation
BaFin Says Cypriot Brokers Responsible for 50% of Detected Infringements
2020-11-16T16:39:44.000+02:00
The German authority found violations of the product intervention measures in 49% of all CFD providers.
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Bilal Jafar
Brokers
Be Wary of Unauthorised Broker 10Cryptomarket, BaFin Warns
2020-10-24T00:01:51.000+02:00
BaFin issued several guidelines that encourage potential investors to be wary of promises of disproportionate returns.
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Aziz Abdel-Qader
News
Germany’s BaFin Mandates Licensing for Crypto ATMs
2020-09-08T15:09:41.000+02:00
Service providers to these ATMs will also face regulatory actions for unauthorized operations.
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Payments
Germany’s BaFin Warns Investors Over Fake Emails
2020-08-24T21:03:03.000+02:00
The mass email scam appears to be circulating on behalf of the Bafin Vice President Elisabeth Roegele.
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Aziz Abdel-Qader
ADVERTISEMENT
Brokers
Pepperstone Gains Germany's BaFin License
2020-08-13T10:55:09.000+02:00
This is a part of the broker's continued its growth strategy in Europe.
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Next
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