Germany is selling off 282.74 BTC, worth over $16 million at press time, days after selling part of its stash in multiple transactions that have impacted the price of Bitcoin.…
Browsing: Germany
Blockchain’s potential in German healthcare faces hurdles like strict regulations and GDPR compliance, slowing its adoption. Concerns about blockchain’s association with cryptocurrencies and energy consumption hinder public acceptance. Blockchain technology…
Leading German-based bank looks to integrate crypto into its banking system, to allow for customers to trade Bitcoin while carrying out online banking activities. The bank’s CEO stressed that Bitcoin…
Birgit Rodolphe, executive director at Germany’s Federal Financial Supervisory Authority (BaFin), has said that regulators must come up with rules to give Defi providers legal clarity. She believes that the…
Germany’s Finance Ministry has published new guidelines for crypto taxation, the first comprehensive regulations tackling lending, staking, mining, trading and more. Among the most impactful is that the government will…
Commerzbank has become the first bank in Germany to apply for a crypto services license with the financial regulator BaFin. As of Jan. 2022, all businesses wishing to provide crypto…
Germany’s crypto landscape is evolving fast with the growing participation of crypto investors. Here’s some interesting data presented by crypto exchange Kucoin that shows the percentage of German investors willing…
Prosecutors in Germany cracked down on three drug dealers and confiscated $113 million from them in digital currencies. They have now turned to a local bank to clean it up…
On Monday, Germany will implement a law allowing institutional funds to hold up to 20 percent in crypto. Most institutional investors will likely only experiment with crypto, driven by their…
Germany has passed a new law that exposes over 4,000 institutions to cryptocurrencies. As one of the most affluent and crypto-friendly countries in the world, the move could spark a…
The bank announced via a World Economic Forum report that it intends to integrate digital assets in traditional banking services. Deutsche recently projected that cryptocurrencies will conquer the mainstream within…
Already 40 licensed banks have applied in Germany to obtain a license for custody and other services related to cryptocurrencies, such as Bitcoin, Ethereum and Ripple. According to German government…
As of January 1, 2020, new legal regulations will come into force in Germany, which will place the custody service of cryptocurrencies under German financial supervision. There will be far-reaching…