Bafin – DIGIT INFO

Boerse Stuttgart Unveils Insured Ethereum Staking on Bison Platform

DIGIT — Wed, 09 Oct 2024 02:46:16 +0000

European exchange group Boerse Stuttgart has announced a major step into Ethereum staking, offering users a secure, insured way to earn passive income through its Bison trading platform. By partnering with top German firms, Bison enables staking for as little as 0.005 ETH with weekly rewards. The service, currently only in Germany, promises annual returns […]

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German Authority Seizes 13 Unauthorized Crypto ATMs

DIGIT — Wed, 21 Aug 2024 23:46:11 +0000

Germany’s Federal Financial Supervisory Authority (BaFin) has seized 13 unauthorized cryptocurrency ATMs in a nationwide operation involving 60 officers and raids on 35 locations. BaFin reported that the machines facilitated illegal transactions and posed money laundering risks. Under German law, trading currencies, including cryptocurrencies, without proper authorization is illegal, with violators facing up to five […]

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German BaFin regulator cracks down on crypto ATMs

DIGIT — Tue, 20 Aug 2024 18:12:48 +0000

According to Coin ATM Radar, there are currently 38,725 crypto ATMs worldwide, with a vast majority located inside the United States.

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US crypto custody firm BitGo wins BaFin license in Germany: Report

DIGIT — Wed, 01 Nov 2023 12:31:07 +0000

BitGo originally announced it was setting up two regulated custodial entities in Germany and Switzerland in February 2020.

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German regulator raised concerns about Binance CEO prior to license application withdrawal: Report

DIGIT — Fri, 28 Jul 2023 20:30:00 +0000

BaFin reportedly advised Binance that CEO Changpeng Zhao wouldn’t pass a “fit and proper” test as part of the financial watchdog’s licensing regime.

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Binance withdraws crypto license application in Germany

DIGIT — Wed, 26 Jul 2023 12:01:28 +0000

The crypto exchange’s move to withdraw its license in Germany comes amid reports that the exchange faced rejection from regulators.

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German regulator reportedly rejects Binance’s crypto custody license demand

DIGIT — Thu, 29 Jun 2023 11:00:03 +0000

Binance’s regulatory trouble continues to mount as the exchange faced pushback in Europe after the US.

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Deutsche Bank reportedly applies for digital asset custody license with BaFin

DIGIT — Tue, 20 Jun 2023 12:30:12 +0000

Germany’s banking industry is slowly warming up to the crypto industry with multiple partnerships and crypto services in 2023 after a long cautious approach.

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

DIGIT — Sun, 02 Apr 2023 09:30:47 +0000

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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Boerse Stuttgart Digital subsidiary receives final approval for crypto custody

DIGIT — Thu, 30 Mar 2023 20:00:00 +0000

With the licensing of the German exchange’s blocknox service, it now offers fully regulated brokerage, trading, and custody.

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