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BaFin Warns Consumers About Unauthorized MBS Point Website

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Published March 13th, 2026
Detected March 13th, 2026
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Summary

The German Federal Financial Supervisory Authority (BaFin) has issued a warning to consumers regarding the website mbspoint(.)com. BaFin suspects the operators of offering unauthorized financial, investment, and cryptoasset services in Germany.

What changed

BaFin has issued a consumer warning concerning the website mbspoint(.)com, suspecting its operators of providing financial, investment, and cryptoasset services without the necessary authorization. This action is taken under Section 37 (4) of the German Banking Act (KWG) and Section 10 (7) of the German Cryptomarkets Supervision Act (KMAG).

Consumers are advised to be cautious and to verify company authorizations through BaFin's database. The warning serves to protect consumers from potential financial fraud and unauthorized service offerings within Germany. No specific compliance actions are required for regulated entities, but awareness of such warnings is crucial for market integrity.

What to do next

  1. Review BaFin's database for authorized financial service providers before engaging with new entities.
  2. Educate consumers about the risks of unauthorized financial and cryptoasset services.

Source document (simplified)

Erscheinung: 13.03.2026 | Topic Unauthorised business, Consumer protection BaFin warns consumers about the website mbspoint(.)com

The Federal Financial Supervisory Authority (BaFin) warns consumers about MBS Point and the services it is offering. BaFin suspects the unknown operators of the website mbspoint(.)com of offering consumers financial, investment and cryptoasset services without the required authorisation.

Anyone providing financial, investment or cryptoasset services in Germany may do so only with authorisation from BaFin. However, some companies offer these services without the necessary authorisation. Information on whether a particular company has been granted authorisation by BaFin can be found in BaFin ’s database of companies.

BaFin is issuing this warning on the basis of section 37 (4) of the German Banking Act (Kreditwesengesetz – KWG) and section 10 (7) of the German Cryptomarkets Supervision Act (Kryptomärkteaufsichtsgesetz – KMAG).

Please be aware:

In the section “ Recognising financial fraud ”, you will find current warnings from BaFin about unauthorised companies and learn how you can protect yourself from further scams on the financial market.

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Classification

Agency
Various
Published
March 13th, 2026
Instrument
Notice
Legal weight
Non-binding
Stage
Final
Change scope
Substantive

Who this affects

Applies to
Consumers
Geographic scope
Germany

Taxonomy

Primary area
Consumer Protection
Operational domain
Compliance
Topics
Cryptoassets Financial Fraud

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