Germany
Germany's BaFin Clarifies Licensing Process for Foreign Crypto Custodians
In its latest guidance released in January, the regulator said firms already custodying digital assets for Germans would not be penalized for not having a license. Instead, they’d be grandfathered into the same protection that crypto custody firms based in Germany already have under the new law.
Crypto Custodians Grapple With Germany's New Rules
While a grandfather clause allows crypto custodians to keep serving German customers without being penalized, those same companies are waiting on financial regulator BaFin to release final regulations around the law.
German Bank Launches Digital Assets Unit to Offer Custody Products
Berlin-based solarisBank has opened a subsidiary to offer a white-labeled custody product to nonbanks interested in offering crypto products.
New Law May Encourage German Banks to Offer Crypto Services From 2020
With the passing of new legislation, banks in Germany may soon feel more confident to offer direct sales and custody of crypto assets.
German Regulator Orders ‘KaratGold Coin’ Issuer to Cease Operations
Two more governments have taken action against entities in the Karatbars ecosystem over sales of a purportedly gold-backed cryptocurrency.
German Finance Minister Supports Digital Euro, But 'Very Critical' of Libra
Speaking on a possible e-euro, minister Olaf Scholz said Germany "should not leave the field to China, Russia, the U.S. or any private providers."
Former NiceHash CTO Arrested in Germany Over US Hacking Charges
The U.S. Department of Justice is seeking to extradite the alleged hacker over crimes he's already served time for in Slovenia.
This Crypto-Savvy Bank Is Building Bandwidth for Bitcoin Retail Payments
The German bank is set to help European retailers accept bitcoin payments in early 2020.
Germany Passes National Policy to Explore Blockchain But Limit Stablecoins
Germany's cabinet has passed a national strategy for exploring blockchain tech, while limiting the threat of stablecoins like Facebook's Libra.
Deutsche Börse's Xetra Exchange Lists First Blockchain Firm
The Deutsche Börse-operated trading venue has just listed a Forbes top-10 blockchain company to watch.
