Crypto.com in Germany: All information (2025)

• Due to the conflict with the German regulatory authorities, Crypto.com withdraws from the German market.
• Crypto.com claims that they have carried out the business correctly and have met all regulatory requirements.
• Crypto.com worked in Germany with the Munich company CM equity, which was hardly actively involved.
• Crypto.com advertising posters were widespread in Germany, including in football stadiums.
• As the best alternative, we recommend the regulated crypto exchange Bitpanda. You can find more options in our post about Crypto.com alternatives.
• You can also find an overview of serious and safe trading platforms in our contribution to the Best crypto exchanges in Germany.

The crypto exchange Crypto.com Withdraws from Germany, reports Financefwd. The reason for the sudden departure is a conflict with regulators.

In order to be able to become active on the German market, Crypto.com wanted to enter into a partnership with the Munich-based company CM equity. The company offers its business customers as a regulated securities institute and licensed trading partner.

In this way, businesses for partners should already be able to be operated without having to worry about the corresponding licenses for a long time. In the Crypto.com case, however, the German partner was never active in practice.

Instead, Crypto.com reported CM-Equity as a partner to the supervisory authority BaFin and referred to the company in the terms of use, Ultimately, however, all tasks took over himself.

According to the report, CM equity had been left in ignorance of being registered as an active partner of Crypto.com.

If everything had run correctly, the crypto exchange would only have worked as an intermediary. All German users would actually have been customers of CM equity. The Munich -based company would then have held responsibility for Kyc.

We will take over all customers and work properly and in terms of regional law.

Explained Michael Kott, Managing Director of CM-Equity, after negotiations with Crypto.com in February 2022. As early as the previous year, the agreement was made to submit shares token together.

The company's data suggests that the withdrawal from Germany could make a reasonably hard hit. According to the “apple figures”, German users loaded the app of the crypto exchange 1.3 million times down.

Only the USA, Great Britain and Canada are even more important markets than Germany for Crypto.com. However, the strategy of the crypto exchange remains the same everywhere: elaborate advertising should reach the audience.

To this end, the crypto exchange, which previously bore the name Monaco, acquired the domain crypto.com and completed a rebranding. The company also cost several million US dollars.

Financefwd claims that the crypto exchange also appeared in football stadiums in Germany. However, there was no legal error, said Crypto.com.

We had a relationship with CM equity, and this relationship was properly documented at that time.

Explains the company. All European customers have been properly obtained through authorized representatives. This also applies to German customers. In addition, your own products are not actively advertised in Germany.

Bafin is investigated against crypto exchange

As early as 2022, the German Federal Agency for Financial Service Supervision on the Crypto.com case became aware and started examining the situation.

Nevertheless, German users can still download the app via the Play Store or the App Store. Crypto.com leads with Cronos (CRO) A separate cryptocurrency that strongly reminds of Binance 'BNB.

The Cronos course remains unimpressed by the message. In the daily trend, she has a minus of only two percent at the time of editing and is therefore in midfield among the top 100 of the cryptos.