SolarisBank and Stuttgart Exchange Group are jointly developing a crypto exchange meant to be launched in the first half of next year.
Germany News
Germany, officially the Federal Republic of Germany, is a state in central-western Europe. Germany is a power country with a strong economy that is fourth in the world by nominal GDP. In Germany, cryptocurrency is not just a product, but is absolutely a legal tender, with an order by the Federal Ministry of Finance that allows making purchases with digital currencies without taxation, since virtual currency is considered an equivalent to fiat. It is not like in the USA, where digital currencies are deemed to be electronic assets subject to a tax on capital gains. In Germany, cryptocurrency regulation and taxation policy creates a good environment for setting up new businesses related to Bitcoin.
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Crypto hardware wallet Ledger to allow users to manage security tokens through Ledger’s desktop app.
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Many big German companies see major potential in blockchain technology, according to a new survey by IT industry association Bitkom.
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by Aaron Wood
BaFin, the German financial watchdog, has warned the public about a crypto offering that was allegedly operating without permission or oversight from regulatory...
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Xolaris Service KVAG, a German alternative investment fund manager, has launched a private equity fund dedicated to Bitcoin mining.
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by Helen Partz
The German Federal Ministry for Economic Affairs and Energy is considering blockchain use in combating tax evasion schemes.
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by Ana Berman
German tech giant Siemens’ energy divisions join an open-source blockchain platform Energy Web Foundation.
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Bitcoin Group SE, operator of major German crypto trading platform bitcoin.de, has acquired a 100% stake in investment bank Tremmel Wertpapierhandelsbank GmbH.
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A survey recently conducted by Hermes shows that one third of German logistics managers believe that blockchain will improve cooperation in supply chains.
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After raising $103 million in September, a Swiss crypto bank startup expects a banking license from the Swiss financial regulator in the first half of 2019.
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by Helen Partz
Germany’s federal financial regulator BaFin has ordered the cessation of cross-border proprietary trading from a British crypto-related firm.
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by Ana Berman
A recent poll in two German federal states found that 55 percent of respondents are aware of crypto, while 28 percent of younger people find crypto investment “...
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The IOTA Foundation has announced the integration of its native IOTA tokens with Ledgers’ hardware cryptocurrency wallets.
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Germany’s BaFin chairman Felix Hufeld is not convinced ICOs will become a mainstream phenomenon.
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by Ana Berman
The Central Bank of Germany and securities marketplace organizer Deutsche Boerse have completed a successful blockchain settlement trial.
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