Deutsche Bundesbank – DIGIT INFO

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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Deutsche Bundesbank President on Digital Euro: ‘The Eurosystem Has No Interest in Monitoring People’s Payment Patterns’

DIGIT — Fri, 26 Apr 2024 18:43:28 +0000

Joachim Nagel, President of the Deutsche Bundesbank, praised the privacy traits a hypothetical upcoming digital euro would possess. During a speech, Nagel specified that the Eurosystem would have “no interest” in monitoring the payments and expenses of digital euro users and would not be able to identify them based on their payments. Deutsche Bundesbank President […]

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German federal bank runs successful blockchain system without a CBDC

DIGIT — Wed, 24 Mar 2021 13:14:59 +0000

Executives at the Deutsche Bundesbank are eager to launch a blockchain-based system without the need for a CBDC — and they just might succeed.

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CBDC as a store of value threatens financial system, says German official

DIGIT — Wed, 21 Oct 2020 11:19:39 +0000

The German central bank is considering alternatives to CBDC as a digital payment solutions

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European central bank execs explain why CBDCs don’t need blockchain

DIGIT — Mon, 21 Sep 2020 13:49:42 +0000

Before trying to apply blockchain to anything, think why.

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German Cabinet and Bundesbank Are in Close Communication on CBDC Issues

DIGIT — Fri, 30 Aug 2019 16:38:00 +0000

The German Cabinet and Deutsche Bundesbank are working together on the issue of CBDCs

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Smokescreens and Mirrors: How Does a Country Do an ICO? They Call It QE

DIGIT — Thu, 22 Aug 2019 16:21:08 +0000

Financial regulators all around the world have been cracking down hard on ICOs for promising more than they can deliver. At the same time governments and central banks are pulling off far worse scams, such as QE, wiping out the savings of everyone that depends on them. To hide this fact they use obscure economic […]

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Germany’s Central Bank: Gov’ts Should Be Neutral on FB’s Libra

DIGIT — Mon, 22 Jul 2019 16:12:00 +0000

Germany’s central bank said that potential benefits of Facebook’s Libra should be made possible despite associated risks and regulatory uncertainty

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Bundesbank Head Says Don’t Suppress ‘Innovative Concepts’ Like Libra

DIGIT — Fri, 19 Jul 2019 11:56:00 +0000

Bundesbank President Jens Weidmann spoke in favor of Facebook’s Libra during a recent G7 event, a report says

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Europe, Japan and the ‘Drug’ of Quantitative Easing

DIGIT — Wed, 10 Oct 2018 19:20:26 +0000

Last month, news.Bitcoin.com examined the problem of quantitative easing (QE) and its impact on the U.S., and how such policies have spread to the rest of the world. This month, we continue to drill down on the phenomenon of governments printing trillions of dollars worth of fiat currency simply by pressing buttons on their computers. Value […]

The post Europe, Japan and the ‘Drug’ of Quantitative Easing appeared first on Bitcoin News.

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