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No Safety Net From Crypto Collapses, German Regulator Warns

The financial regulatory authority for Germany, BaFin, has toughened warnings about consumers potentially losing all their crypto investments, unlike holdings with regulated banks.

Updated May 11, 2023, 6:24 p.m. Published Aug 23, 2022, 9:02 a.m.
Germany's regulator has toughened its crypto warning (Hiroshi Higuchi/Getty Images)
Germany's regulator has toughened its crypto warning (Hiroshi Higuchi/Getty Images)