BaFin

EMEA Daily: Digital Euro Could Arrive Within Four Years

EMEA Daily: Digital Euro Could Arrive Within Four Years
EMEA Daily: Digital Euro Could Arrive Within Four Years
May 16, 2022  |  Europe

In today’s top Europe, Middle East and Africa (EMEA) news, a European Central Bank official says the digital euro could be in circulation in four...

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BaFin Seeks Deutsche Bank Clarification on Business Communications via WhatsApp
BaFin Seeks Deutsche Bank Clarification on Business Communications via WhatsApp
May 16, 2022  |  Legal & Regulation

German financial watchdog BaFin has ordered Deutsche Bank to clarify how its staff uses private messages on WhatsApp for business purposes, part of a worldwide...

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Deutsche Bank Headquarters Raided by German Authorities in Money Laundering Probe
Deutsche Bank Headquarters Raided by German Authorities in Money Laundering Probe
May 01, 2022  |  Legal & Regulation

Deutsche Bank had its Frankfurt headquarters raided by Germany’s federal police office, criminal prosecutors and financial watchdog BaFin on Friday (April 29), the Financial Times...

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European Arm of VTB, Russia’s Second-Largest Bank, Could Close Within Days
European Arm of VTB, Russia’s Second-Largest Bank, Could Close Within Days
March 03, 2022  |  Banking

Regulators in Germany are preparing for the closure of the European arm of VTB, the second-largest bank in Russia. Get the Full Story Complete the...

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N26 Fined Almost $5M for AML Deficiencies
N26 Fined Almost $5M for AML Deficiencies
September 29, 2021  |  AML

German financial watchdog BaFin blasted online bank N26 for weak anti-money laundering (AML) controls and imposed a 4.25 million euro ($4.93 million) fine on the...

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Bitcoin Daily: Circle Teams With Crypto.com On Digital Asset Availability; India Spends Billions On Crypto
Bitcoin Daily: Circle Teams With Crypto.com On Digital Asset Availability; India Spends Billions On Crypto
June 28, 2021  |  Bitcoin

Crypto.com will make use of Circle‘s APIs in order to allow onramping of fiat funds and letting 10 million customers access USD Coin funds, a...

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Today In Payments: Bitcoin Falls After Tesla Stops Taking Crypto; LendingClub Teams With FinTron For Mobile Banking
Today In Payments: Bitcoin Falls After Tesla Stops Taking Crypto; LendingClub Teams With FinTron For...
May 13, 2021  |  News

In today’s top news, bitcoin fell after Elon Musk said Tesla will no longer take cryptocurrency as a payment form, and LendingClub is partnering with...

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BaFin Appoints Supervisor To Monitor N26’s AML Controls
BaFin Appoints Supervisor To Monitor N26’s AML Controls
May 12, 2021  |  AML

Germany’s main financial regulator, the Federal Financial Supervisory Authority (BaFin), has ordered German neobank N26 to increase its anti-money laundering (AML) efforts, according to an...

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