german

German Stock Exchange Boerse Stuttgart to Provide Crypto Custody Through Licensed Subsidiary

April 2, 2023 Bitcoin.com

BaFin

Blocknox, a subsidiary of one of Europe’s largest stock exchanges, Boerse Stuttgart, has been licensed to operate as a crypto custodian in Germany. The authorization will allow the company to offer custody services for digital assets to institutional investors across the Old Continent. Boerse Stuttgart Subsidiary Blocknox to Offer Crypto Custody Services Under Bafin License […]

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FBI Cracks $290M Crypto Scam—Trade Coin Club Exposed

Shares of Deutsche Bank, Other Euro Lenders Tumble

March 25, 2023 Bitcoin.com

bank

Deutsche Bank shares plunged on Friday, along with the stocks of other European banks, amid investor concerns over the stability of the global banking sector. The drop comes in the aftermath of the recent emergency rescue of Credit Suisse and follows losses in U.S. banks on Thursday. Deutsche Bank Credit Default Swaps Jump to 4-Year […]

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FBI Cracks $290M Crypto Scam—Trade Coin Club Exposed

German Government Invests $1.2 Million in Metaverse Startup Flying Sheep Studios

March 23, 2023 Bitcoin.com

bitcoin.com

The German government has allocated $1.2 million in funding for a metaverse game being developed by Flying Sheep Studios. The company, based in Cologne, will use the funds for the development of a game called Star Life, which will also include blockchain elements in the form of non-fungible tokens (NFTs). Flying Sheep Studios Raises $1.2 […]

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FBI Cracks $290M Crypto Scam—Trade Coin Club Exposed

Germany’s DZ Bank to Offer Crypto Custody With Swiss Firm Metaco

February 25, 2023 Bitcoin.com

bank

The second-largest bank in Germany, DZ Bank, is preparing to become a provider of custody services for crypto assets. The offering will be facilitated by a partnership with Metaco, a Swiss company that specializes in helping financial institutions to operate in the digital asset space. DZ Bank to Use Metaco’s Harmonize Platform to Launch Crypto […]

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FBI Cracks $290M Crypto Scam—Trade Coin Club Exposed

Industrial Giant Siemens Issues €60 Million Digital Bond on Blockchain

February 16, 2023 Bitcoin.com

Banks

German conglomerate Siemens has for the first time issued a blockchain-based digital bond denominated in euros. In an announcement, the corporation highlighted the benefits of using blockchain, including the opportunity for direct sale to investors. Digital Bond Issued Under Germany’s Electronic Securities Act The largest industrial manufacturer in Europe, Siemens, announced it has become one […]

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FBI Cracks $290M Crypto Scam—Trade Coin Club Exposed

Germany’s Financial Watchdog Warns of ‘Godfather’ Malware Attacks on Crypto Apps

January 12, 2023 Bitcoin.com

accounts

The agency overseeing the financial sector in Germany has issued a warning about the ‘Godfather’ malware attacking banking and crypto applications. Hundreds of these platforms have been targeted, the regulator noted, including those operating in the Bundesrepublik. Financial Authorities Advise Germans How to Protect Their Mobile Apps From Malware The Federal Financial Supervisory Authority of […]

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FBI Cracks $290M Crypto Scam—Trade Coin Club Exposed

Time for Serious Global Crypto Regulation, Germany Says

December 15, 2022 Bitcoin.com

Authority

Germany’s financial watchdog has issued a call for global regulation of the crypto industry in the aftermath of the FTX collapse. The hands-off approach was wrong, the head of the agency says, insisting it’s time to protect consumers as the sector expands links with traditional finance. Bafin President Convinced Self-Regulation Won’t Work for Crypto The […]

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FBI Cracks $290M Crypto Scam—Trade Coin Club Exposed

Onecoin Cryptoqueen Associates Appear in German Court

October 20, 2022 Bitcoin.com

accused

Three people are facing trial in Germany for their roles in one of the crypto world’s most infamous scams, Onecoin. The defendants are accused of fraud, among other crimes, allegedly committed as they assisted the pyramid scheme’s mastermind, ‘Cryptoqueen’ Ruja Ignatova, who is still on the run. Lawyer and Couple Face Criminal Allegations in Germany […]

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FBI Cracks $290M Crypto Scam—Trade Coin Club Exposed

German Crypto Bank Nuri Asks Clients to Withdraw Funds as It Goes Out of Business

October 20, 2022 Bitcoin.com

bank

Digital asset platform Nuri has told customers to withdraw their funds in the next two months, after taking a hit from the crypto winter. Formerly known as Bitwala, the Berlin-headquartered cryptocurrency bank filed for insolvency earlier this year and failed to find a buyer. Nuri to Maintain Trading Until Last Day of November, Prepares to […]

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FBI Cracks $290M Crypto Scam—Trade Coin Club Exposed

German Crypto Exchange Nuri Files for Insolvency

August 10, 2022 Bitcoin.com

Bankruptcy

Cryptocurrency exchange Nuri has filed for insolvency, reportedly becoming Germany’s first fintech to take the step in a challenging year for startups in the industry. Customer access to the platform’s services and their funds will not be affected, the company assured. Crypto Exchange Cites ‘Lasting Strain on Liquidity’ as Reason for Insolvency Filing Berlin-based crypto […]

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FBI Cracks $290M Crypto Scam—Trade Coin Club Exposed