Germany

BaFin Warns Consumers About Obsidian Group Website

BaFin, the German financial regulator, has issued a warning to consumers regarding the website obsidian-group(.)org. The site is suspected of offering financial, investment, and cryptoasset services without the necessary authorization from BaFin.

BaFin warns consumers about Gainorex Investment app

BaFin has issued a warning to consumers regarding the Gainorex Investment app, which is being promoted via a WhatsApp group. BaFin suspects the operators are conducting banking and/or financial services without the necessary authorization, making them unsupervised.

BaFin Warns Consumers About mbspoint(.)com

BaFin has issued a warning to consumers regarding the website mbspoint(.)com. The BaFin suspects that the operators of this website are offering financial, investment, and cryptoasset services without the necessary authorization required in Germany.

BaFin Warns Equity Research Ventures PTE. LTD. - No Prospectus

BaFin has issued a warning regarding Equity Research Ventures PTE. LTD. for offering capital investments in Germany without a required prospectus. The company is purportedly based in Singapore and is offering investments under the name "Co-Investment AlleAktien Wealth x SpaceX".

BaFin Warns Against Prometheus Investment Alliance WhatsApp Offers

BaFin has issued a warning against Prometheus Investment Alliance (PIA) for allegedly offering unauthorized financial and cryptoasset services in Germany via WhatsApp groups and a website. Consumers are being tricked into trading via a specific app using a trading system, and BaFin suspects the operators lack the required authorization.

BaFin Warns Against VYNEX Trade Offers on WhatsApp

BaFin has issued a warning against VYNEX Trade for operating without authorization, offering financial and crypto-asset services via WhatsApp groups and the Lirunex Trading app. The warning highlights potential identity fraud and advises consumers to check BaFin's database for authorized companies.

BaFin warns consumers about alijz(.)com identity fraud

BaFin warns consumers about alijz(.)com identity fraud

BaFin Warns Against Unauthorized Mjolnex Offers

Germany's BaFin has issued a warning against Mjolnex for offering financial, investment, and crypto asset services without the required authorization. The warning pertains to offers made on the website mjolnex-ltd.com and highlights the risks to consumers.

BaFin Investigates Fides Ventures and Nexquant for Unauthorized Business

BaFin is investigating Fides Ventures and Nexquant for offering financial and cryptoasset services without authorization. The companies are allegedly using WhatsApp groups and a crypto exchange to solicit German investors for unauthorized financial instruments and cryptoassets.

BaFin - Countercyclical Capital Buffer Rate Set to 0%

BaFin has issued a general administrative act setting the rate for the countercyclical capital buffer at 0% effective January 1, 2016. This decision is based on an analysis of the credit-to-GDP gap and other economic indicators, which indicated no need for an active buffer at this time.