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.
Binance moves to suspend derivatives trading in Europe, starting with Germany, Italy and Netherlands.
Binance to shut down crypto derivatives trading in Europe
“We are very excited to offer German clients who wish to add Bitcoin and other crypto assets to their savings plan a compelling option to do so thanks to comdir...
21Shares partners with German brokerage to offer crypto ETPs for savings accounts
Regulators in Japan, the United Kingdom and the Canadian province of Ontario have all tightened their grip on cryptocurrency exchanges. Binance has been caught ...
Binance faces regulatory upheaval as lawmakers target ‘global’ exchanges
The German stock exchange operator plans to expand its regulated crypto-asset ecosystem across the European market.
Deutsche Boerse acquires majority ownership of Crypto Finance AG
Since January 2020, all crypto firms operating in the German market have required BaFin approval.
Germany’s financial watchdog approves crypto custody license for Coinbase
The German Football Association will create player NFT cards that can be used in Sorare’s Global Fantasy Football game.
Germany commemorates Euro 2020 soccer team with NFTs
The newly proposed global tax rules will drastically influence all international companies, with crypto being a target as well.
The global corporate tax rate: Crypto savior or killer?