Germany
FTX Bankruptcy Claims Deadline; UK Crypto, Stablecoin Rules Passed Into Law
“CoinDesk Daily” host Jenn Sennasie dives into some of the hottest stories in crypto, including Germany’s financial watchdog reportedly denying Binance a custody license. A UK bill is giving regulators the power to supervise crypto and stablecoins becomes law. And, a closer look at how the founder of Damus is reacting to the conclusion of a two-week battle with Apple over bitcoin tips.
US Sanctions Russian Darknet Marketplace Hydra
The U.S. Treasury’s Office of Foreign Assets Control (OFAC) sanctioned Russia-based darknet market Hydra, following Germany’s seizure of $25 million worth of bitcoin (BTC) from the market. “The Hash” group discusses Hydra becoming the world’s largest marketplace for illicit activity and the role of dark markets in the broader crypto space.
The State of Crypto in South Africa
The volatility of the Rand and exchange controls have driven widespread crypto adoption in South Africa, but lack of regulatory clarity has created problems for crypto companies like Revix, which recently moved its headquarters out of South Africa to Germany “out of desperation.”
Germany’s Central Bank Is Testing Blockchain-Based Alternatives to CBDCs
Germany’s Central Bank is less enthusiastic about a digital euro than its other European counterparts, citing concerns that central bank digital currencies (CBDCs) could destabilize the banking system and penalize savers. “The Hash” panel discusses the pros and cons of CBDCs.
Are Negative Interest Rates Globally Driving Growing Interest in Crypto?
Banks in Germany are telling customers to take their deposits elsewhere. "The Hash" panel discusses the negative interest rates problem and how this may create a growing interest in cryptocurrencies.
The State of Crypto in Germany
Crypto and decentralized finance (DeFi) is booming around the world. Henrik Gebbing, co-founder of Finoa, joins “First Mover” to share his insights about the cryptocurrency market in Germany and the future of institutional investment in the European market.
