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New Bitcoin Payment Solution to Emerge in Germany After BitPay's Exit


A new cryptocurrency payment solution is in the works in Germany after major crypto payment processor BitPay left this market earlier this year. Salamantex, an Austrian payment service provider, and TEN31, a fintech arm of German bank WEG Bank, agreed to cooperate and now aim to start accepting...

Massive Layoffs: Banks Cutting Nearly 60,000 Jobs Worldwide


Banks are laying off workers across the globe as revenue declines throughout the sector. According to reports, banks have announced nearly 60,000 job cuts so far this year, with most of the layoffs happening in Europe, especially in Germany. Also read: Panic at 137 Bank Branches as RBI Limits...

Major German Stock Exchange Group Launches Crypto Trading


Boerse Stuttgart Group, which operates Germany’s second-largest stock exchange, has launched a regulated crypto trading platform, in partnership with Solarisbank. Customers can connect directly to the new exchange and trade bitcoin against the euro without a broker. Also read: Indian...

Germany ‘Rejects’ Stablecoins – and Wants the World to Do Likewise


Germany’s cabinet has launched a stinging attack on stablecoins. The country’s finance minister suggested that it will “clearly reject” tokens like Facebook’s forthcoming Libra token, with Berlin hoping to push the rest of the international community to follow suit. This is a key week...

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