Germany Crypto Markets Supervision Act (KMAG) Draft Draft: Completed Intro Introduced: Completed Committee In committee: Completed Passed Passed: Completed Enacted Enacted: Completed Effective Effective: Current
Gesetz zur Aufsicht über Märkte für Kryptowerte (Kryptomärkteaufsichtsgesetz – KMAG)
Germany’s KMAG implements national supervision powers for MiCAR, designating BaFin as competent authority and setting German rules for authorization, enforcement, reporting, transition and sanctions.



