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Nalezeno "German": 423

Germans Rush to Buy Gold as Draft Bill Threatens to Restrict Purchases


Reports have emerged depicting long lines in front of a physical gold sales location in Germany, in view of pending legislation which would once again lower the anonymous purchase limit, this time from €10,000 to €2,000. The last drop happened in 2017 when the limit was set...

Boerse Stuttgart and SBI Partner to Expand Crypto Services in Europe and Asia


Germany’s second-largest stock exchange and a major financial services group in Japan have partnered to expand their crypto operations in Europe and Asia. Boerse Stuttgart recently launched its crypto trading platform while SBI has been expanding its crypto business operations for several...

German Banks Increasingly Charging Retail Clients Negative Interest Rates


A growing number of banks in Germany are charging retail customers negative interest rates, starting with the very first euro deposited into their accounts. At least three German banks are reportedly doing so, with more expected to follow suit in the near future. As the European Central Bank...

German Fintechs Rush to Offer Crypto Custody Services Under New Law


Fintech companies in the Federal Republic are quickly moving to develop and offer custodial solutions for digital assets under the new German legislation that will allow banks to store, transfer and trade cryptocurrencies next year. Berlin-based Solarisbank has established a subsidiary that will...

Boerse Stuttgart’s Crypto Exchange Live for All Traders in Germany


Germany’s second-largest stock exchange, Boerse Stuttgart, has opened up its cryptocurrency trading platform to all interested traders in the country. This move follows the passing of a bill allowing banks in Germany to sell and hold cryptocurrencies for their clients starting next year. Also...

ECB Nominee Blames Resistance to Negative Rates on Financial Illiteracy


European Central Bank (ECB) executive board nominee and member of the German Council of Economic Experts, Isabel Schnabel, recently remarked at a European Parliament hearing that “This scapegoating [of the ECB] is extremely dangerous: it may damage the trust in the euro.” Schnabel...

HashCash Teams Up With German Solar Power Company


Based in California, HashCash, the world-class software firm, has announced the news about its strategic partnership with a Germany-based Solar Power firm as its first step in the energy trading market space. The two leading firms have come together to chalk out a blockchain-pegged platform capable...

Banks Are Cutting 75,700 Jobs Worldwide


Banks worldwide have announced major job cuts this year. Globally, 75,700 jobs are reportedly being eliminated, with the most recent announcement coming from Italy’s largest bank. Unicredit has become the latest major bank to unveil layoff plans, joining Deutsche Bank, Santander, Commerzbank...

German banks allowed to sell crypto assets in 2020


CoinMarketCap Daily Newsletter Your daily newsletter for 2 December, 2019 “The world breaks everyone, and afterward, some are strong at the broken places." - Ernst Hemingway In today's newsletter, we will be covering: Cisco winning a patent and seeks to […] The post German banks allowed...

German banks allowed to sell crypto assets in 2020


CoinMarketCap Daily Newsletter Your daily newsletter for 2 December, 2019 “The world breaks everyone, and afterward, some are strong at the broken places." - Ernst Hemingway In today's newsletter, we will be covering: Cisco winning a patent and seeks to […] The post German banks allowed...

German Banks Authorized to Store and Sell Cryptocurrency in 2020


Next year German banks will be able to manage cryptocurrencies like bitcoin after the fourth EU money laundering directive goes into effect. The directive passed in the German parliament, Bundestag, allows banks in the country to act as cryptocurrency custodians rather than rely on third-party...

New German Law Might Allow Banks to Store, Trade Crypto


Germany’s federal parliament Bundestag has reportedly passed a bill that is to allow the country's banks to store and sell cryptocurrencies next year. However, the legislation is awaiting the approval of the Bundesrat, the parliament’s chamber that represents Germany’s 16 federal states. The latest...

Survey: 58% of German Banks Charge Negative Interest Rates


Germany’s central bank, the Deutsche Bundesbank, has conducted a survey of banks charging negative interest rates on customer deposits. Some are charging retail customers as well as corporate clients. An independent price comparison portal shows which banks are currently charging for deposits...

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