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Despite the coronavirus pandemic and the resulting financial crisis, at least 10 countries have made announcements regarding cryptocurrency regulation since our last regulatory roundup. They include Japan, Malaysia, Singapore, China, Spain, Germany, India, the Philippines, the U.S., and South Korea. Also read: IMF Declares Global Recession, 80 Countries Request Help, Trillions of Dollars Needed Regulations … Read more
Boerse Stuttgart’s Bison app’s user base has grown 40% since Germany introduced new crypto regulations at the start of the year Go to Source Powered by WPeMatico
There are still many questions as to how different countries and governments perceive Bitcoin and other crypto assets. In Germany, it would appear that the interest in blockchain and crypto assets continues to rise. Following the recent market turmoil, interest in Bitcoin has seemingly dropped off significantly all over the world. Bitcoin is Thriving in … Read more
The entire world has been focused on the economy as the coronavirus outbreak has devastated global markets. While stocks, commodities, and barrels of oil plunge in value, there’s been considerable demand for cold hard cash in certain countries. According to reports, Wall Street’s elite has been trying to withdraw $30-50K per person as they flee … Read more
Sonnen Group, a subsidiary of Royal Dutch Shell, will use blockchain technology to create a virtual power plant to store excess wind power in Germany Go to Source Powered by WPeMatico
Bitcoin Group SE, a prominent member of the European crypto industry, has been preparing to apply for permission to conduct crypto custody activities in its home country, Germany. The providers of such services in the Federal Republic are now recognized as financial institutions. Bitcoin Group, which has been in the business for some time, welcomes … Read more
Unibright will provide its technology to Wasserkraft Mittelrhein in the roll-out of its “power-buoy” project Go to Source Powered by WPeMatico
CoinTracking.info, the world’s most popular cryptocurrency tax software, is announcing the launch of a new service aimed at helping crypto traders avoid a common tax-time mistake: submitting incomplete or incorrect data to the IRS. The post CoinTracking.info Helps Crypto Traders Avoid Costly Tax Mistakes appeared first on Bitcoin News. Go to Source Powered by WPeMatico
Germany’s Federal Financial Supervisory Authority (BaFin) has shut down unauthorized bitcoin ATMs in the country. Now that cryptocurrency is regulated under the German Banking Act, bitcoin ATM operators need to be authorized by BaFin. The regulator recently clarified what crypto service providers must do to continue their services. Also read: 40 Banks in Germany Declare … Read more
BaFin prohibits the crypto service provider and operator of bitcoin ATMs KKT UG from continuing its activities Go to Source Powered by WPeMatico
