Shell Subsidiary Builds DLT-Based Virtual Power Plant in Germany
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
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Germany’s Bitcoin Group Welcomes Licensing for Crypto Custodians, Expects Competition From Banks
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 to Pilot Blockchain-Based Renewable Energy Trading in Germany
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 Helps Crypto Traders Avoid Costly Tax Mistakes
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
German Crypto Regulator BaFin Shuts Down Unauthorized Bitcoin ATMs
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
German Financial Regulator Takes Action Against First Bitcoin ATMs
BaFin prohibits the crypto service provider and operator of bitcoin ATMs KKT UG from continuing its activities Go to Source Powered by WPeMatico
German Financial Regulator Further Clarifies Crypto Status With New Paper
German financial regulators have further clarified new 2020 regulations on crypto businesses Go to Source Powered by WPeMatico
Bitcoin Is Financial Instrument, Clarifies Germany, Crypto Custodians Qualify as Financial Institutions
The Federal Financial Supervisory Authority of Germany, Bafin, has issued guidance to clarify the status of cryptocurrencies and the regulations that apply to related business activities. The recommendations are based on the country’s current legislation, taking into account the latest changes. Also read: Turkey to Inspect Cryptocurrency Exchanges as Part of Government Offensive Against Online … Read more
Germany’s Second Largest Exchange Boerse Stuttgart Lists Short Bitcoin ETP
When Bitcoin’s price falls, investors can still pocket gains with an ETP now listed on Germany’s second-largest stock exchange, Boerse Stuttgart Go to Source Powered by WPeMatico
Boerse Stuttgart: New German Crypto Regulation Poised to Attract Institutional Investors
Since the new German crypto regulation went into effect, financial institutions in Germany have been preparing to offer crypto custody services. Among them is Boerse Stuttgart, the country’s second-largest stock exchange. Having obtained a provisional license from BaFin, the regulator in charge of licensing crypto service providers, Boerse Stuttgart is preparing to offer crypto custody … Read more
