Germany
German Crypto Startups Welcome $415B 'Spezialfonds' Law, Even if the Impact Is Small So Far
A new German law allows for $415 billion in new crypto investment. But, given the conservative nature of "spezialfonds," the money might take time to arrive.
Berlin-Based Staking Startup Certus One Acquired by Jump Trading
The Certus One team will merge with Jump Trading’s team of 900 employees made up of engineers, quants and traders.
German Law Allowing $415B Investment Into Crypto Takes Effect
The law allows "special funds" to invest up to 20% of their assets in crypto.
Coinbase Receives Crypto Custody License From German Regulator BaFin
The license will allow Coinbase to continue operating in Germany.
Bitcoin ETP From Iconic Funds Starts Trading on Deutsche Boerse Xetra Today
Iconic Funds plans to bring more products to the market for “crypto-hungry” investors and is also exploring listings outside of Germany.
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.”
Proposed Legislation in Germany Could Allow $425B to Flow Into Crypto: Report
Under the legislation, wealth managers known as Spezialfonds would be able to invest up to 20% in digital assets.
Commerzbank, Deutsche Börse Team Up for Tokenized Real Estate and Art Marketplace
The financial institutions are working with fintech firm 360X, with first tokenized transactions coming later this year.
Bitcoin ETF Hopeful WisdomTree Lists Ethereum ETP in Germany, Switzerland
The company’s application to list a bitcoin ETF in the U.S. is currently being reviewed by the SEC.
Digital Asset Platform Finoa Raises $22M Series A Funding
The round was led by early Luno and Revolut investor Balderton Capital.
