BaFin Sees Crypto as ‘Financial Instruments’ but Shuts Down Bitcoin ATM
Just 3 days after recognizing crypto-assets as financial instruments, BaFin, Germany’s financial regulatory agency has shut down a Bitcoin ATM operator. Why would German authorities...
Crypto Now Officially Seen as Financial Instruments in Germany
Germany’s financial regulator has released guidelines classifying crypto as financial instruments. This move further expands the definition of financial instruments to include all...
Germany’s Second Largest Exchange Adds New Bitcoin Trading Product
Boerse Stuttgart, Germany’s second-largest stock exchange, has added a new inverse Bitcoin Exchange Traded Product (ETP). This will be the first crypto ETP, called 21Shares Short...
Germany To Issue Crypto Regulations On January 1 2020
The Amended Directive to the Fourth EU Money Laundering Directive will go into force in Germany on January 1, 2020. Some of the key changes affect how the German Banking Act and...
German Banks Could Store Bitcoin and Provide Crypto Services Soon
Cryptocurrencies might finally go hand in hand with traditional money services. Starting from 2020, it might be legal for German banks to sell cryptocurrencies like Bitcoin and provide...
German Gov’t Approves ‘Bundes-Chain’ to Combat Libra Cryptocurrency
The German government will approve its proposed blockchain strategy this September which reportedly blocks projects like Facebook’s Libra cryptocurrency. Germany Readies Anti-Libra...
Germany’s GDP Drop Ignites Fears of Economic Contagion
Germany’s economy shrinks, fuelling risks of a recession and fears of economic contagion throughout Europe. Unfortunately, central banks have limited resources to reduce the...
BitPay Suspends Services in Germany For The Time Being
Citizens of Germany will no longer be able to use BitPay after the payments processor pulled its service on the heels of new BaFin regulations set to go live on January 1, 2020. Nein...
The Top 5 Countries Gripped by Bitcoin FOMO Right Now
The naysayers called Bitcoin dead (more than 350 times, to be precise). Veteran investors like Warren Buffet called it a ‘delusion’. Well, tell that to these five countries gripped...
US Dollar Mirrors 1920s Weimar Republic Hyperinflation Against Bitcoin
The Bitcoin price in US dollars has begun exhibiting a trend which closely mimics the price history of Germany’s Papiermark during hyperinflation. Against Fiat, Bitcoin Follows...
Deutsche Bank Gets Raided After Calling Bitcoin a Risk for Criminal Activity
Deutsche Bank headquarters got raided this week as another bank that regularly criticizes Bitcoin is again suspected of money laundering. Deutsche Bank Haunted by Panama Papers As...
First Bitcoin ATM Installed in ECB’s Own Backyard
Germany has just got its second Bitcoin ATM in Frankfurt, home of the European Central Bank, as the total worldwide machine count hits 4000 for the first time. Bitcoin ATM Arrives in...