South Africa lifts warning on KBC Coin, leaves investors on their own
South African financial regulator has lifted an earlier warning against Karatbars controversial KBC Coin, saying that its products don’t qualify as financial products.
Latest BaFin News
BaFin advises crypto investors to steer clear of unlicensed 5 Capital
BaFin had prohibited Bulgarian cryptocurrency broker 5 Capital from being able to operate within the country as they have been unlawfully issuing contracts for difference.
Gold-backed crypto scam shut down in Germany
BaFin regulators ordered the Belize-registered Karatbit Foundation to cease and desist and settle any claims that remain outstanding.
Black Manta Capital Partners receives BaFin license
Black Manta Capital Partners waited nine months for its license, but can now operate its securities platform in Germany.
Germany’s financial regulator forces closure of UK crypto firm
Finatex Ltd. has been order to close parts of its activities by Germany’s Federal Financial Supervisory Authority (BaFin), according to an announcement on the BaFin website.