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.
World’s Largest Pension Fund Lost the Equivalent of Bitcoin’s Entire Market Cap in Just Three Months
A German collective launched a massive campaign to incentivize people to disseminate stickers with positive crypto messages.
A New Guerrilla Marketing Campaign Aims to Create Bitcoin Awareness
Crypto asset manager 21Shares will use Coinbase Custody to secure the Bitcoin backing its ETP launch on Thursday.
Coinbase Custody to Hold Assets Backing 21Shares’ Bitcoin ETP
Turkish İşbank and German Commerzbank completed the first blockchain-based trade finance transaction between the two countries.
First Turkish-German Trade Finance Transaction on Distributed Ledger Technology
As Germany shuts down all nuclear and coal-based energy production, blockchain is underpinning many renewable energy platforms.
Blockchain Underpinning Much of Germany’s Renewable Energy Evolution
The global regulatory landscape is tightening for crypto ATM operators.
Bitcoin ATMs Face Tighter Regulations Over Money Laundering
Equigy, a blockchain platform for managing batteries connected to the electric grid, is expanding its operations in the European Union.
Blockchain Battery Grids Are Powering Up at Lightning Speed
Ontology has partnered with digital identity specialist Spherity to expedite the development of ID solutions across the supply chain.
Ontology Partners With German Startup to Accelerate Supply Chain Identity Solutions