News - BaFin warns of eukrypto.com and eukrypto.site

By Mike Hesp

BaFin warns of eukrypto.com and eukrypto.site

Laws and regulations
BaFin waarschuwt voor eukrypto.com en eukrypto.site

The German BaFin is currently investigating many crypto projects. The accusation: securities trading without a license. EUKrypto also abuses the logos of authorities.

The Federal Financial Supervisory Authority (BaFin) is investigating the platform eukrypto.com and eukrypto.site. This is according to a official press release.

The suspicion: the platform offers securities trading without a license.

"According to the regulator's findings, their operators there offer financial and securities services without a license," it reads.

In addition, EUKrypto misuses the logos of the Federal Ministry of Finance and the state of Hesse. BaFin strongly warns against using the platform.

Also on the authority's radar: Krypto-finanzen.com and the site bitcoin-bankbreaker.com. According to the authority, users should also watch out for these platforms.

However, there are also recognized crypto providers. In our review section, we compared a total of more than 50 different platforms.

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