Between the Poles of Authorization Requirement and Geoblocking – What Can BaFin Demand from Service Providers from Other EU Countries?
In Germany, companies often require prior authorization from BaFin for commercial handling of cryptocurrencies if their offered services qualify as banking businesses or financial services. For example, the operation of an exchange platform, which enables users to trade cryptocurrencies will regularly qualify as a financial service, which is subject to authorization either because it qualifies […]
