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Unauthorized Crypto Custody: BaFin Cautions Consumers About MEXC

Germany’s Federal Financial Supervisory Authority (BaFin) has warned consumers about the crypto exchange MEXC, saying it is offering crypto-related financial services “without the authorization.” “BaFin investigates the...

Unauthorized Crypto Custody: BaFin Cautions Consumers About MEXC
Germany’s Federal Financial Supervisory Authority (BaFin) has warned consumers about the crypto exchange MEXC, saying it is offering crypto-related financial services “without the authorization.”
“BaFin investigates the company MEXC,” the title of the warning published on the German regulator’s website on Thursday said.
It added:
“The Federal Financial Supervisory Authority (BaFin) warns consumers about the company MEXC and the services it is offering.”...
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