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BaFin Warns of Unauthorized Financial Services Websites

Germany's financial regulator, BaFin, has issued a warning regarding a large number of nearly identical websites offering unauthorized financial and crypto-asset services. These sites are not supervised by BaFin and lack proper legal information.

BaFin Warns of Gainorex Investment App Targeting Consumers

Germany's financial regulator, BaFin, has issued a warning regarding the Gainorex Investment App, which is allegedly luring consumers through a WhatsApp group. BaFin suspects the operators are conducting banking business and/or financial services without the required authorization.

BaFin Warns Mbspoint(.)com Offers Unauthorized Financial Services

The German financial regulator BaFin has issued a warning against the website mbspoint(.)com. BaFin suspects the operators are offering financial, securities, and crypto asset services without the required authorization, which is a violation of German law.

BaFin Warns Against MEX Exchange and MultiBank Group Offers

BaFin, Germany's financial regulator, has issued a warning against MEX Exchange and MultiBank Group for offering financial, investment, and crypto asset services without authorization. The entities falsely claim to be regulated by BaFin, operating on the website mexassetexchange(.)com.

BaFin Warns MEX Exchange and MultiBank Group Offers

Germany's BaFin has issued a warning regarding MEX Exchange and MultiBank Group for offering financial, securities, and crypto asset services without authorization on the website mexassetexchange(.)com. The entities falsely claim to be supervised by BaFin, and no connection exists with a licensed institution.

BaFin Warns About BrainedCoredNod Trading Platform

Germany's financial regulator, BaFin, has issued a warning regarding the trading platform BrainedCoredNod. The platform is allegedly offering financial and crypto-asset services without the required authorization, operating from an unverified Berlin address and using the website brainedcorednod(.)com.

BaFin Warns About JARXE Crypto Trading Offers

Germany's BaFin has issued a warning regarding JARXE CRYPTO TRADING LTD, which is allegedly offering securities and crypto-asset services without the required authorization. The warning covers the websites jarxe(.)com and jarxe(.)org, as well as the 'Jarxe' app.

BaFin Warns Against Unauthorized Services of obsidian-group.org

Germany's BaFin has issued a warning against the website obsidian-group.org for offering unauthorized financial, securities, and crypto-asset services. The operator claims registration with CySEC, but this cannot be confirmed. This website is similar to previously warned sites.

BaFin Conference on Proportionality in Banking Supervision and Regulation

The German Federal Financial Supervisory Authority (BaFin) has announced a conference on Proportionality in Banking Supervision and Regulation to be held on September 16, 2026, in Bonn. The event will focus on current developments in national and European banking regulation, including regulatory relief, new MaRisk, and merger control.

Order against Milner Legal Services - Consumer Collection Violations

The Connecticut Department of Banking has issued an order against Milner Legal Services for violations of consumer collection laws, including operating without a license and making false representations. A civil penalty of $100,000 has been imposed.