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The Federal Financial Supervisory Authority (BaFin) has issued a warning regarding Aktien Network, which is reportedly offering financial, investment, and crypto asset services without the necessary authorization. This announcement was made in a news release on March 13, 2025.
According to BaFin, Aktien Network appears to be providing these services through its website aktiennetwork.net without proper authorization. In Germany, such activities require approval from BaFin. The authority advises consumers to check its company database to verify the authorization status of any service provider. The warning is based on provisions of the German Banking Act and the Crypto Markets Supervision Act.
The German Crypto Markets Supervision Act (KMAG), effective since December 27, 2024, introduces regulatory measures for overseeing crypto markets in Germany. It focuses on market transparency, operational resilience, and compliance with European crypto regulations. The KMAG mandates that crypto service providers secure licenses and maintain robust systems to ensure transparent practices within the sector. This framework aims to support secure and compliant market operations in alignment with EU standards.
