Germany had 34 crypto-native media outlets at the start of 2025, and by February, 21 of them had lost traffic following BaFin's public warnings against unlicensed investment promotion.

Quotes that support claims

Germany had 34 crypto-native media outlets. By February, 21 of them were down. BaFin, the country’s regulator, issued public warnings about unlicensed ‘investment-like’ promotion. Coin-Update lost over 51%. Krypto Magazin fell 45%. Cointelegraph Germany plunged 63%