News
BaFin’s top executive stresses the risks of crypto and calls for global regulation to apply to all financial centers — without exceptions.
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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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Deutsche Bank is set to offer customers cryptocurrency custody options through a partnership with cryptocurrency infrastructure platform Taurus.
7816 - News
The German government proposed tighter export controls on China for semiconductors and AI technology similar to measures from U.S. regulators.
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The controversial crypto project’s launch has been marred into controversy, and it’s already facing investigations in nearly half a dozen countries.
4573 - Video
Cointelegraph analyst and writer Marcel Pechman explains how a weakening German economy — Europe’s largest — is a positive for cryptocurrencies.
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Authorities in the United Kingdom and France have also reportedly cited concerns over Worldcoin’s data collection methods, which involve collecting iris scans from users.
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BaFin reportedly advised Binance that CEO Changpeng Zhao wouldn’t pass a “fit and proper” test as part of the financial watchdog’s licensing regime.
10459 - Analysis
As the trilogue on the AI Act begins, the European Commission, German politicians, and digital experts express skepticism and make new demands.
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The crypto exchange’s move to withdraw its license in Germany comes amid reports that the exchange faced rejection from regulators.
16610 - News
Binance’s regulatory trouble continues to mount as the exchange faces pushback in Europe and the United States.
3620 - Newsletter
The German foreign service created a dog-themed NFT collection in the form of a treasure hunt to recruit and test new cyber talent.
2415 - News
With a comically loud horn, a candy machine and a jukebox filled with Mozart, metal and more, it’s the “Bitcoin Ambassadors” rally car adventure.
3356 - News
Nearly 1,000 NFTs have been put on Ethereum by Germany’s Federal Intelligence Service in its quest to recruit blockchain talent for the agency.
6339 - News
Artificial intelligence will soon make its appearance in one of Europe’s best-selling tabloid newspapers, but only to support journalistic work, not replace it.
7620 - News
Germany’s banking industry is slowly warming up to the crypto sector, with multiple partnerships and crypto services launching in 2023 after a long, cautious approach.
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