Germany plans to issue electronic shares on blockchain, boost startups
Under the Future Finance Act, the German government is pushing for more welcoming regulations for startups working with financial innovation. Go to Source Powered by WPeMatico
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German Stock Exchange Boerse Stuttgart to Provide Crypto Custody Through Licensed Subsidiary
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 … Read more
Boerse Stuttgart Digital subsidiary receives final approval for crypto custody
With the licensing of the German exchange’s blocknox service, it now offers fully regulated brokerage, trading, and custody. Go to Source Powered by WPeMatico
G7 to collaborate on tighter crypto regulation: Report
Leaders from Japan, the United States, the United Kingdom, Canada, France, Germany, and the European Union are expected to outline a global cooperative strategy for digital assets in May. Go to Source Powered by WPeMatico
Shares of Deutsche Bank, Other Euro Lenders Tumble
Deutsche Bank shares plunged on Friday, along with the stocks of other European banks, amid investor concerns over the stability of the global banking sector. The drop comes in the aftermath of the recent emergency rescue of Credit Suisse and follows losses in U.S. banks on Thursday. Deutsche Bank Credit Default Swaps Jump to 4-Year … Read more
German dwpbank to offer Bitcoin trading to 1,200 affiliate banks on new platform
Securities processor Deutsche WertpapierService Bank (dwpbank) will provide its affiliates seamless integration with their current offerings, with more digital assets to come. Go to Source Powered by WPeMatico
European banks head into another weekend of uncertainty as default risks surge
An indicator of European bank default risk soars and stocks tumble on March 24 amid renewed fears surrounding the financial system. Go to Source Powered by WPeMatico
German regulator BaFin suggests a ‘case-by-case’ approach for NFTs
Given the difficulties with classification, BaFin highlights the freedom of nonfungible tokens from licensing demands. Go to Source Powered by WPeMatico
Germany’s DZ Bank to Offer Crypto Custody With Swiss Firm Metaco
The second-largest bank in Germany, DZ Bank, is preparing to become a provider of custody services for crypto assets. The offering will be facilitated by a partnership with Metaco, a Swiss company that specializes in helping financial institutions to operate in the digital asset space. DZ Bank to Use Metaco’s Harmonize Platform to Launch Crypto … Read more
Industrial Giant Siemens Issues €60 Million Digital Bond on Blockchain
German conglomerate Siemens has for the first time issued a blockchain-based digital bond denominated in euros. In an announcement, the corporation highlighted the benefits of using blockchain, including the opportunity for direct sale to investors. Digital Bond Issued Under Germany’s Electronic Securities Act The largest industrial manufacturer in Europe, Siemens, announced it has become one … Read more
