德国金融监管

On August 20, Germany’s Federal Financial Supervisory Authority (BaFin) launched a massive raid targeting 35 unlicensed cryptocurrency ATM operations.
The nationwide synchronized operation not only resulted in the seizure of $28 million in cash, but also the seizure of 13 cryptocurrency ATMs, demonstrating the German authorities’ determination to curb unlicensed financial activities.
The move, which is backed by law enforcement and the Bundesbank, is part of Germany’s broader effort to tighten regulation of the cryptocurrency market, aimed at reducing risks from unregulated financial activities, especially those involving digital assets, and further cementing its image as a guardian of financial security.

Against the backdrop of global cryptocurrency markets experiencing volatility, Germany has recently taken a series of major measures to strengthen regulation and services for the cryptocurrency industry. These measures not only reflect the German government’s high attention to the cryptocurrency market, but also mark the gradual opening of its financial system to digital assets.

On September 19, 2024, the Frankfurt General Prosecutor's Office announced that the German Central Office for Combating Cybercrime (ZIT) and the Federal Criminal Police Office (BKA) jointly seized 47 cryptocurrency exchanges. These exchanges were accused of deliberately condoning cyber criminals to engage in illegal activities such as the "underground economy", concealing the source of criminal proceeds on a large scale, and engaging in money laundering and criminal activities.