© Reuters. FILE PHOTO: Bitcoin cash are seen at a stand throughout the Bitcoin Convention 2023, in Miami Seaside, Florida, U.S., Might 19, 2023. REUTERS/Marco Bello/File Photograph
BERLIN (Reuters) – Germany’s Group stated on Wednesday it was taking measures to enhance its inner management system, after the monetary regulator Bafin ordered its subsidiary futurum financial institution to treatment shortcomings on money-laundering.
“The Bitcoin Group expressly points out that there are currently no indications of violations of money laundering and terrorist financing laws within the Group,” the corporate stated in a press release.
The corporate stated it had already taken measures within the present monetary yr to satisfy regulatory necessities and that it was working with Bafin with the intention “to remedy the identified deficiencies in a timely manner”.
