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Crypto News From the German-Speaking World: Aug. 24–31 in Review
1.9.2019
A roundup of major crypto news of the week from Germany, Switzerland and Austria
German Cabinet and Bundesbank Are in Close Communication on CBDC Issues
30.8.2019
The German Cabinet and Deutsche Bundesbank are working together on the issue of CBDCs
Crypto News From the German-Speaking World: Week in Review
25.8.2019
This week’s top news from the German-speaking world, assisted by Cointelegraph auf Deutsch
Smokescreens and Mirrors: How Does a Country Do an ICO? They Call It QE
22.8.2019
Financial regulators all around the world have been cracking down hard on ICOs for promising more than they can deliver. At the same time governments and central banks are pulling off far worse scams, such as QE, wiping out the savings of everyone that depends on them. To hide this fact they...
German Company Secures €750 Million ‘Eco-Friendly’ Loan Via Blockchain
9.8.2019
Blockchain enables syndicated loans and digital identification
Flurry of German, South Korean, UAE Major Firms Pivot to Blockchain
9.8.2019
Etihad Airways. A number of major international companies in Europe, the Middle East and Asia have announced they will be embarking on blockchain technology-powered business operations.
In Germany, the country’s second-largest bank, Commerzbank, says it has developed a “blockchain-based payment...
German Crypto Firms May Face New Regulatory Hurdles, BitPay Leaves
2.8.2019
Forthcoming regulations are causing cryptocurrency companies to halt services in countries like Germany – with BitPay announcing that it has ceased operating in the nation.
BitPay is a cryptocurrency payment service provider based in Atlanta, in the United States. In response to a user who asked...
Fundament Gets Approval From German Regulators For $280 Million Ethereum Token Sale
23.7.2019
Berlin-based blockchain start-up Fundament announced on Tuesday that it had been granted approval by the country chief regulatory body for the €250 million Ethereum token sale. It will be a security token sale backed by real estate bonds. Fundament Real Estate Token gets approval by German...
German Regulators Approve $280 Million Ethereum Token Sale
23.7.2019
German startup Fundament has obtained regulatory approval to sell $280 million-worth of a real estate-backed ethereum token to retail investors
Deutsche Bank Collapse Could Crash Global Financial Markets
21.7.2019
German financial services giant Deutsche Bank AG is one of the largest and most important economic institutions in the world. Mainly due to self-imposed scandals, the bank is now having to taking drastic measures to stay afloat. Investors everywhere should note that if such a critical piece of...
German Finance Minister: Facebook Shouldn’t Be Allowed to Compete with the Euro
16.7.2019
“The issuance of a currency does not belong in the hands of a private company," according to Germany's finance minister
German Giant Siemens Explores Carsharing on Blockchain
16.7.2019
German tech giant, Siemens, is reportedly looking into ways to utilize blockchain to use for a number of use cases, such as improving manufacturing, mobility, supply chain, and carsharing, among other areas.
Currently, the company is at the point where they have finished testing and explorations...
Volkswagen’s Digital Transformation to See Cuts to 4000 Jobs
5.6.2019
Over the years, plenty of companies have gone on digital transformations that have seen core jobs being reduced at the expense of more robust Information Technology (IT) departments, and that is exactly what is going to happen with Germany car manufacturing giant Volkswagen. It has now emerged that...
The German Startup Behind Ethereum’s DAO Project Got Acquired By Blockchains
4.6.2019
Blockchains, LLC, an incubator and investment company of blockchain based in the USA has acquired Germany based startup behind dev team of Ethereum, Slock.it. The report surfaced through a press release on 3rd June. The included project of Slock.it enabled secure interaction of human and machine...
President of Germany’s Central Bank Warns of Serious Outcomes of Digital Currencies
29.5.2019
The president of Germany’s central bank has warned about the potential risks of introducing digital currencies
German Watchdog Warns Public About Alleged Hiring by Crypto Exchange CoinBene
29.5.2019
BaFin has warned the public that CoinBene is neither in Germany’s commercial register nor licensed for trading financial products
German Regulator Has No Info on ‘Cyber Incidents’ on German Crypto Trading Platforms
28.5.2019
Germany’s financial watchdog, BaFin, reports it has “no information that cyber incidents have occurred on trading platforms for cryptoassets in Germany”
German Authorities Ask Banks to Keep Aside $5.9 Billion Over Possibility of a Slump
28.5.2019
One thing that has been proven beyond a shadow of a doubt is that the German economy is in the middle of a slowdown and industrial growth has been tepid over the past few months. In addition to that, the country’s relatively robust banking industry has also been going through a bit of churn,...
As Deutsche Bank Shares Hit New Lows, CEO Promises Tough Cuts
23.5.2019
At one point of time, German banking giant Deutsche Bank was looked upon as being in the same category of some of the biggest banks of the world like Goldman, JP Morgan, and Barclays among others, as it set its sights on international domination. However, the financial crisis of 2008 burned...
German State Announces Plan to Establish European Blockchain Institute
15.5.2019
Germany unveils plans for the European Blockchain Institute, a blockchain research center to be based in Dortmund