Trump ‘Loves’ Negative Rates and ‘Could Get Used to’ Them, Criticizes Fed at World Economic Forum, China Trade Deal

Trump 'Loves' Negative Rates and 'Could Get Used to' Them, Criticizes Fed at World Economic Forum, China Trade DealU.S. President Donald Trump spoke at the World Economic Forum in Davos, Switzerland Tuesday saying the U.S. and other nations are “forced to compete … with nations that are getting negative rates, something very new.” Trump took direct shots at the U.S. Federal Reserve, claiming they’ve not lowered rates quickly enough. The harsh words echo […]

The post Trump ‘Loves’ Negative Rates and ‘Could Get Used to’ Them, Criticizes Fed at World Economic Forum, China Trade Deal appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

6 Bankers Accused of Earning €30M in Bonuses From German Fraud, Tax Lawyer Out on €4M Bail

6 Bankers Accused of Earning €30M in Bonuses From Fraud Scheme in Germany, Tax Lawyer Out on €4M BailFormer bank employees have received bonuses worth millions of euros in an illegal trading scheme that also involved a tax lawyer, prosecutors in Frankfurt revealed this week. The case is part of multiple investigations carried out across Germany, the hardest hit country in a notorious tax fraud scandal known as the Cum-ex Files. Also read: […]

The post 6 Bankers Accused of Earning €30M in Bonuses From German Fraud, Tax Lawyer Out on €4M Bail appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

EU Countries Commence Crypto Regulations as Mandated by New Directive

EU Countries Start Regulating Cryptocurrency as Mandated by New DirectiveThe European Union’s 5th Anti-Money Laundering Directive mandates that member states start regulating crypto assets by Jan. 10. Crypto exchanges and custodial wallet providers are now covered by the same regulatory requirements as banks and other financial institutions. Also read: Regs Roundup: SEC Actions, Crypto Tax-Free in Korea, New Chinese Laws EU’s Regulatory Deadline: Jan. […]

The post EU Countries Commence Crypto Regulations as Mandated by New Directive appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Coinbase Works Just Fine in Germany Despite not Openly Supporting the Region

coinbase logoGermany is widely considered to be a crucial region for cryptocurrencies. Unfortunately, local regulation makes it an unappealing country for crypto service providers. For years now, a rumor has persisted as to how Coinbase is not accessible in Germany. Time to end the Coinbase in Germany FUD The truth is often very different, as this service works just fine in this European country. On the website, it is not mentioned as an actively supported region. That in itself is not problematic, as users can simply sign up and check for themselves.  For reasons unknown, many people have wondered if Coinbase

The post Coinbase Works Just Fine in Germany Despite not Openly Supporting the Region appeared first on The Merkle Hash.

Go to Source

Powered by WPeMatico

These Are the Bitcoin Stories You Loved in 2019

These Are the Bitcoin Stories You Loved in 20192019 was a crazy year for cryptocurrency enthusiasts and a number of interesting events happened throughout the last 12 months. It’s hard to keep track of the day-to-day activities taking place within the cryptosphere and there may be a few incidents some of our readers missed. At news.Bitcoin.com we took the opportunity to scan our […]

The post These Are the Bitcoin Stories You Loved in 2019 appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Central Bank Gold Hoarding Hits 50-Year High

Central Bank Gold Hoarding Hits 50-Year HighWhile dozens of the world’s economic leaders participate in extreme monetary easing policy, central banks have also been hoarding gold. Central banks accumulated over 668 tons in gold purchases this year, which is more than 2018’s record numbers. In fact, the key drivers in gold demand this year stemmed from central bank purchases, most of […]

The post Central Bank Gold Hoarding Hits 50-Year High appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Germans Rush to Buy Gold as Draft Bill Threatens to Restrict Purchases

Germans Rush to Buy Gold as Draft Bill Restricts PurchasesReports have emerged depicting long lines in front of a physical gold sales location in Germany, in view of pending legislation which would once again lower the anonymous purchase limit, this time from €10,000 to €2,000. The last drop happened in 2017 when the limit was set at €15,000. A draft bill from the German […]

The post Germans Rush to Buy Gold as Draft Bill Threatens to Restrict Purchases appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Boerse Stuttgart and SBI Partner to Expand Crypto Services in Europe and Asia

Boerse Stuttgart and SBI Partner to Expand Crypto Services in Europe and AsiaGermany’s second-largest stock exchange and a major financial services group in Japan have partnered to expand their crypto operations in Europe and Asia. Boerse Stuttgart recently launched its crypto trading platform while SBI has been expanding its crypto business operations for several years. Also read: Regulatory Roundup: Crypto ‘Inevitable’ in India, China Rankings, NY Streamlines […]

The post Boerse Stuttgart and SBI Partner to Expand Crypto Services in Europe and Asia appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Bailouts From Asia to the EU Signal Recession and Potential Crypto Opportunity

Bailouts from Asia to the EU Signal Recession and Potential Crypto OpportunityChina’s Hengfeng Bank is set to get a $14.2 billion bailout from both Chinese government and foreign investors. An emergency decree has been approved to bail out southern Italy’s biggest lender, Banca Popular di Bari. Germany continues to struggle with bailout pains, as regional bank Nordlb finds itself now depending on another capital injection. None […]

The post Bailouts From Asia to the EU Signal Recession and Potential Crypto Opportunity appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico