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The Federal Financial Supervisory Authority (BaFin) has issued a consumer warning regarding Interactive Assets, a company allegedly offering unauthorized banking and financial services through new websites. This announcement was made in a news release on February 14, 2025.
According to BaFin, Interactive Assets has transitioned from its deactivated website interactiveassets.pro to new sites interactiveassets.biz and interactiveassets.trade. The operators are suspected of providing unauthorized financial, investment, and crypto asset services while falsely claiming affiliation with Börse Stuttgart GmbH and supervision by BaFin. This constitutes identity fraud, as per the German Banking Act and Cryptomarkets Supervision Act.
The German Crypto Markets Supervision Act (KMAG), effective December 27, 2024, introduces regulatory measures for overseeing crypto markets in Germany. It emphasizes market transparency, operational resilience, and compliance with European crypto regulations. The KMAG mandates that crypto service providers secure licenses, maintain robust systems, and ensure transparent practices within the sector to align with EU standards.
