#BaFin

#BaFin

Germany's financial regulator BaFin closely monitors fintech startups post-Wirecard scandal to ensure compliance and prevent financial crimes. [ more ]

German financial regulator BaFin has ordered a subsidiary of Bitcoin Group to address shortcomings in its anti-money laundering measures.

BaFin identified serious deficits in internal security measures, due-diligence obligations, and the suspicious-activity reporting system at Futurum Bank.

Bitcoin Group is taking measures to address the deficiencies. [ more ]