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Germany’s Deutsche Bank has become the latest financial services giant to confirm it’s leaving Russia over Moscow’s military assault on Ukraine. The bank has been reducing its Russian exposure since 2014 when Russia annexed Crimea and the conflict in Eastern Ukraine erupted. Amid Ongoing War in Ukraine, Deutsche Bank Pulls Out of Russia Deutsche Bank, … Read more
With plans for a new watchdog, experts say the EU could take a more hardline position on digital assets. Go to Source Powered by WPeMatico
A group of EU nations have reportedly been lobbying to entrust oversight of the crypto space to a new anti-money laundering (AML) agency. Behind the move are concerns that companies dealing with digital assets can be engaged in the processing of illicit funds. Germany Leads Push to Place Crypto Firms Under EU Anti-Money Laundering Supervision … Read more
A U.S. consumer survey by investing powerhouse Deutsche Bank provides “bullish” insights into the crypt market. Go to Source Powered by WPeMatico
2021 was an eventful year for the German crypto industry. Cointelegraph takes a look at the most important developments of the past year in a review. Go to Source Powered by WPeMatico
Since the Cambridge Bitcoin Electricity Consumption Index (CBECI) project updated its mining map in mid-July, the United States has continued to dominate in terms of the amount of hashpower worldwide. Moreover, data shows that Foundry USA has managed to command the top pool position with 755 bitcoin block rewards mined during the last 30 days. … Read more
Founded by BitMEX execs, the BXM Operations plans to expand operations in Europe through the acquisition of the German bank Bankhaus von der Heydt. Go to Source Powered by WPeMatico
N26 co-founder says rushing for a global expansion has caused N26 to drop behind in crypto and equities trading. Go to Source Powered by WPeMatico
German prosecutors have hired a bank to “clean” cryptocurrency seized in criminal cases. “As the cryptocurrencies are related to crime, they are considered ‘contaminated coins’ and cannot be traded on mainstream exchanges,” the bank said. Bank Hired to Clean Cryptocurrency Seized in Criminal Cases The anti-cybercrime unit of the Frankfurt General Prosecutor in the German … Read more
An association of savings banks in Germany is looking to offer crypto services to customers in a pilot test that would include the development of a crypto wallet. The association, which has more than 50 million customers, would be acting amidst a wave of cryptocurrency interest ostensibly sparked by inflation concerns and negative interest rates. … Read more
