The fact that there is now a discussion going on over the appropriate approach to classify these digital assets is reflected in BaFin’s decision to not recognize NFTs as securities. This argumen...
Tag: BaFin
Here’s what German regulator, BaFin suggested for NFTs
BaFin is not yet ready to classify NFTs as securities and advises doing so on a case-by-case basis. BaFin does not expect NFTs to comply with the Payment Services Supervision Act’s license requirement...
NFTs Are Not Securities Yet, According to Germany’s BaFin
Several jurisdictions across the world have bolstered efforts to regulate the digital assets industry. In Germany, too, the financial regulator issued guidelines on the regulatory treatment of cryptoc...
German regulator BaFin suggests a ‘case-by-case’ approach for NFTs
Federal Financial Supervisory Authority of Germany (BaFin) is not ready to classify nonfungible tokens (NFTs) as securities yet. The Agency suggests classifying the NFTs on a case-by-case basis. On M...
Coinbase Seeks Brand Exposure with Germany’s Second-largest Soccer Club
Cryptocurrency exchange Coinbase isn’t shying away from advertising despite cutting costs in other areas. The exchange is strengthening ties with German soccer club Borussia Dortmund (BVB), loca...
Crypto and banking apps targeted by ‘Godfather’ malware, warns BaFin
Germany’s financial regulator BaFin has warned that crypto and banking mobile apps are being targeted by cybercriminals using the “GodFather” Android malware. BaFin stated that the malware has s...
Rtcoin not licensed in Germany: BaFin cautions users.
Cayman Island-headquartered Rtcoin does not have a license under KWG to operate in Germany. The details on the company’s website are enough to doubt that it is conducting banking and financial busine...
Crypto exchange Rtcoin not licensed in Germany, BaFin says
Germany’s financial regulator BaFin warned that crypto exchange platform Rtcoin is not authorized to operate in the country, in a statement issued on Friday. BaFin said that Rtcoin was not regis...
Austrian Crypto Exchange Bitpanda Secures Trading License From Germany’s BaFin – Exchanges Bitcoin News
Crypto exchange and custody platform Bitpanda announced on Nov. 22 that it had received a crypto trading license from Germany’s Federal Financial Supervisory Authority. According to Bitpanda, securing...
Germany Based Coinbase Is Having Issues With BaFin
One of the largest digital currency exchange platforms, Coinbase, is facing issues in Germany. Germany-based Coinbase is now facing business violations as per the country’s regulations. BaFin believed...
Coinbase Germany Under Scrutiny by Financial Regulator BaFin
10 hours ago | 2 mins read Exchange News The regulator claimed to have discovered “organizational deficiencies” at the exchange. It showed inconsistencies in the way the company was run across all aud...
BaFin Issues Warnings To Coinbase Germany For Alleged Business Violations
Still, in line with its duty, BaFin has instructed Germany-based Coinbase to be mindful of its business dealings and organization. The warning came in light of a prior act of disorganization, which do...
Coinbase Ordered by BaFin to Ensure Proper Business Reorganization
The German offshoot of American cryptocurrency trading firm, Coinbase Global Inc has been ordered by the Federal Financial Supervisory Authority known as BaFin to ensure it achieves a proper business ...
Coinbase Germany Warned Of Business Violations By BaFin
Coinbase Germany Violations News Updates: Germany’s Federal Financial Supervisory Authority (BaFin) ordered Coinbase’s unit in Germany to ensure proper business organization. Germany’s BaFin said it f...
Coinbase Germany ordered to address risk management by BaFin
Germany’s financial supervisor, BaFin, has ordered the German branch of crypto exchange giant Coinbase to “ensure proper business organization,” the regulator wrote in an official statement published ...
A German BaFin official Argues For An EU Wide DeFi Rule That Is Innovative
Germany undertook a number of crypto-related measures across the government, including legal amendments to embrace blockchain and tighter regulations on crypto firms. BaFin is Germany’s financial regu...
German BaFin official calls for ‘innovative’ EU-wide DeFi regulation
Birgit Rodolphe, executive director at Germany’s Federal Financial Supervisory Authority (BaFin), has called for innovative and uniform regulation of the decentralized finance (DeFi) space throughout ...
DLT Finance Receives BaFin Licenses to Launch Trading Platform for Digital Assets
DLT Finance Group, a financial services company, based in Frankfurt, Germany, announced on Tuesday that it has received nine BaFin licenses that gave its approval to launch a digital asset platform ta...
BaFin executive proposes innovative DeFi regulation in Europe 1
BaFin, the agency charged with the supervision of financial activity across Germany, has called for establishing a direct and innovative DeFi regulation across Europe. The agency’s statement was reite...
BaFin to Investigate blockchains.de
The German financial regulator, BaFin, announced a formal investigation against blockchains.de, a trading platform Trading Platform In the FX space, a currency trading platform is a software provide...
A Sign Of Increasing Crypto Demand? German Banking Giant Commerzbank’s Applies For BaFin License
With the cryptocurrency market gaining significant acceptance globally, financial institutions and banks face considerable pressure and a spike in demand from clients to offer crypto-related services ...
BaFin Launches Investigation against UpbitFx Exchange
The German financial regulator, BaFin, announced on Monday a formal investigation of UpbitFx Exchange ltd. According to the press note, the platform is not authorized to conduct business or provide fi...