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

German Crypto Bank Nuri Asks Clients to Withdraw Funds as It Goes Out of BusinessDigital 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 […]

Go to Source

Powered by WPeMatico

German Crypto Exchange Nuri Files for Insolvency

German Crypto Exchange Nuri Files for InsolvencyCryptocurrency 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 […]

Go to Source

Powered by WPeMatico

German Fintechs Rush to Offer Crypto Custody Services Under New Law

German Fintechs Rush to Offer Crypto Custody Services Under New LawFintech companies in the Federal Republic are quickly moving to develop and offer custodial solutions for digital assets under the new German legislation that will allow banks to store, transfer and trade cryptocurrencies next year. Berlin-based Solarisbank has established a subsidiary that will focus exclusively on the niche. The new entity and another German startup, […]

The post German Fintechs Rush to Offer Crypto Custody Services Under New Law appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Major German Stock Exchange Group Launches Crypto Trading

Major German Stock Exchange Group Launches Crypto TradingBoerse Stuttgart Group, which operates Germany’s second-largest stock exchange, has launched a regulated crypto trading platform, in partnership with Solarisbank. Customers can connect directly to the new exchange and trade bitcoin against the euro without a broker. Also read: Indian Parliament Member Helping Crypto Community Influence Regulation German Regulated Crypto Trading Platform The group which […]

The post Major German Stock Exchange Group Launches Crypto Trading appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Crypto Banking Expands With Positive Interest Rates and New Services

Crypto Banking Expands With Positive Interest Rates and New ServicesBanking, in the traditional sense of the term, has become a financial burden for account holders in regions where the era of subzero interest rates has already set in. European nations like Sweden, Denmark, Switzerland, and Eurozone countries have been in negative territory for some time, and banks there have started passing the burden to […]

The post Crypto Banking Expands With Positive Interest Rates and New Services appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico