Germany

Germany

Policy

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.

BaFin, Germany, regulator

Policy

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.

(nitpicker/Shutterstock)

Finance

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.

Bank, banking

Policy

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.

The chambers of Germany's parliament in Berlin.

Markets

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.

(nitpicker/Shutterstock)

Markets

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."

Olaf Scholz German finance minister

Markets

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.

german police

Markets

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.

WEG Bank AG CEO Matthias von Hauff (right) image via Twitter

Markets

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.

Reichstag, Berlin

Markets

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.

Deutsche Börse bull and bear