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OneCoin Crypto Scam: German Court Sentences Fraudsters to Jail


Source: Svetoslav Radkov/Adobe Founders of the infamous OneCoin cryptocurrency scam have been sentenced to several years in jail by a German court. A German court in Münster on Monday handed down sentences to key accomplices involved in the OneCoin crypto fraud case. The couple Frank Ricketts...

German and US consumer confidence: Latest insights


Consumer confidence and sentiment are important economic indicators for the foreign exchange market. The consumer confidence index (CCI), conducted every month, determines consumer sentiment by measuring spending plans for large purchases such as cars and real estate. This indicator evaluates...

Commerzbank Receives Crypto Custody License From German Regulators


Source: Commerzbank Leading German bank Commerzbank has received a crypto custody license from government regulators. Making the announcement in a press release, Commerzbank stated that the crypto custody license now makes it the first full-service German bank to be approved for this particular...

German Banking Giant Commerzbank Granted Crypto Custody License


Commerzbank has made a significant stride in the digital asset sector by becoming the first German full-service bank to receive a Crypto Custody License. Commerzbank believes the breakthrough positions the bank at the forefront of the burgeoning crypto market in Germany. The firm discloses that...

German Banking Giant DZ Bank Launches Crypto Custody Platform


One of the largest banks in Germany by total assets, DZ Bank, has launched a crypto custody platform. Additionally, the bank disclosed that alongside its solution for institutional customers, it is working on “an offer that allows private customers to invest directly...

BitGo Secures Digital Asset Custody License in Germany


Digital assets custody firm BitGo has obtained a cryptocurrency custody license from the German Federal Financial Supervisory Authority (BaFin). According to a recent press release, the cryptocurrency firm has been granted a full license in Germany following years of operations in the country...

Fully-Insured Crypto Staking Service in the Works by German Finance Leaders


Boerse Stuttgart Digital, the crypto-focused division of the Stuttgart Stock Exchange, has revealed plans to launch a fully insured cryptocurrency staking service. Boerse Stuttgart Digital is a subsidiary of the Boerse Stuttgart Group, which calls itself Europe's sixth-largest stock exchange...

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