BaFin prohibits the crypto service provider and operator of bitcoin ATMs KKT UG from continuing its activities
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BaFin prohibits the crypto service provider and operator of bitcoin ATMs KKT UG from continuing its activities
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German financial regulators have further clarified new 2020 regulations on crypto businesses
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The Federal Financial Supervisory Authority of Germany, Bafin, has issued guidance to clarify the status of cryptocurrencies and the regulations that apply to related business activities. The recommendations are based on the country’s current legislation, taking into account the latest changes. Also read: Turkey to Inspect Cryptocurrency Exchanges as Part of Government Offensive Against Online […]
The post Bitcoin Is Financial Instrument, Clarifies Germany, Crypto Custodians Qualify as Financial Institutions appeared first on Bitcoin News.
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When Bitcoin’s price falls, investors can still pocket gains with an ETP now listed on Germany’s second-largest stock exchange, Boerse Stuttgart
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Since the new German crypto regulation went into effect, financial institutions in Germany have been preparing to offer crypto custody services. Among them is Boerse Stuttgart, the country’s second-largest stock exchange. Having obtained a provisional license from BaFin, the regulator in charge of licensing crypto service providers, Boerse Stuttgart is preparing to offer crypto custody […]
The post Boerse Stuttgart: New German Crypto Regulation Poised to Attract Institutional Investors appeared first on Bitcoin News.
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Major mining hardware manufacturer Canaan and blockchain tech provider Northern Data AG will cooperate on blockchain and AI development
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Blocknox’s crypto custody offer will also be available to fintech companies, banks and asset managers
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In this roundup, we cover numerous cryptocurrency regulatory developments in the U.S., including President Trump’s crypto proposals, testimonies by the Federal Reserve chairman and the Treasury secretary, a crypto-friendly SEC proposal, and the IRS changing a crypto tax rule. We also cover China quarantining yuan bills, its central bank filing 84 digital currency patents, 40 […]
The post Regulatory Roundup: Trump’s Cryptocurrency Proposals, IRS Changes Rule, China Quarantines Cash appeared first on Bitcoin News.
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SBI Holdings’s subsidiary SBI Crypto is partnering with German tech company Northern Data AG and Texas-based data centers operator Whinstone US Inc
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European crypto exchanges, as well as other companies with significant crypto holdings they need to protect, now have another option for cold storing their digital fortune. Bitgo is expanding out of the U.S. and into Europe with two new companies in Switzerland and Germany. Also Read: German Fintechs Rush to Offer Crypto Custody Services Under […]
The post Bitgo to Offer Regulated Crypto Custody in Switzerland and Germany appeared first on Bitcoin News.
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