Germany’s BaFin Warns Against PlatinCoin Crypto Firm
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Germany’s BaFin Warns Against PlatinCoin Crypto Firm
The Federal Financial Supervisory Authority (BaFin), an independent German regulatory institution, on Friday red-flagged the activities of Platin Genesis DMCC, a company that appears to be offering cryptocurrency-focused products, including a blockchain wallet and registered coin on Coinmarketcap, in Germany without complying with its financial legislation.
The Federal Financial Supervisory Authority (BaFin), an independent German regulatory institution, on Friday red-flagged the activities of Platin Genesis DMCC, a company that appears to be offering cryptocurrency-focused products in Germany without complying with its financial legislation. The Zug-based company, which operates under the brand PlatinCoin, offers a blockchain wallet and registered coin on Coinmarketcap.
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