July 22, 2026

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German Financial Watchdog Warns Public About Unauthorized Crypto Offering

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German Financial Watchdog Warns Public About Unauthorized Crypto Offering
German financial watchdog warns public about unauthorized crypto offering

The German Federal Financial Supervisory Authority (BaFin) issued a warning Nov. 29 that a firm called Platin Genesis DCC is not authorized or approved by the proper authorities. In the warning, BaFin states that Platin Genesis was advertising a “Platinum Coin Crypto Fund” on social media, which it claimed was “approved and released by BaFin.” […]German financial watchdog warns public about unauthorized crypto offering

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