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Crypto Mining Giant Canaan Partners With Blockchain Firm Northern Data

19.2.2020
Major mining hardware manufacturer Canaan and blockchain tech provider Northern Data AG will cooperate on blockchain and AI development

Boerse Stuttgart’s Crypto Custody Arm Blocknox Expands Service to Institutional Clients

18.2.2020
Blocknox’s crypto custody offer will also be available to fintech companies, banks and asset managers

Regulatory Roundup: Trump’s Cryptocurrency Proposals, IRS Changes Rule, China Quarantines Cash

18.2.2020
In this roundup, we cover numerous cryptocurrency regulatory developments in the U.S., including President Trump’s crypto proposals, testimonies by the Federal Reserve chairman and the Treasury secretary, a crypto-friendly SEC proposal, and the IRS changing a crypto tax rule. We also cover...

Boerse Stuttgart Subsidiary Launching Institutional Crypto Custody Services

18.2.2020
Blocknox, a subsidiary of the second largest German stock exchange, is expanding its crypto custody service to institutional players

SBI Crypto Subsidiary Partners With Northern Data on Mining Project

13.2.2020
SBI Holdings’s subsidiary SBI Crypto is partnering with German tech company Northern Data AG and Texas-based data centers operator Whinstone US Inc

Bitgo to Offer Regulated Crypto Custody in Switzerland and Germany

12.2.2020
European crypto exchanges, as well as other companies with significant crypto holdings they need to protect, now have another option for cold storing their digital fortune. Bitgo is expanding out of the U.S. and into Europe with two new companies in Switzerland and Germany. Also Read: German...

German Bank to Offer Tokenized Securities Based on Stellar

11.2.2020
One of the oldest banks in Europe. von der Heydt is developing a euro stablecoin to facilitate private placements in securities tokenized on the Stellar blockchain

40 German Banks Seek Regulator’s Green Light to Offer Bitcoin Custody

11.2.2020
Over 40 German banks have sought regulatory approval to offer digital asset custodial services

40 Banks in Germany Declare Intent to Offer Crypto Services Under New Law

11.2.2020
More than 40 financial institutions in Germany have reportedly declared to the country’s financial regulator, BaFin, their interest to offer cryptocurrency services under the new German law. News.Bitcoin.com reached out to the regulator for some more information. The law, which went into...

BitGo Grows Crypto Custody Options With New Swiss and Germany Entities

10.2.2020
The U.S.-based custodian is expanding its crypto custody service to Europe with the launch of two new entities in Switzerland and Germany

US Bitcoin Firm BitGo Launches Two New Crypto Custodies in Europe

10.2.2020
Major United States-based crypto firm BitGo expands its global presence with regulated custody in Germany and Switzerland

German Economy in Risk of Recession Amid Weak Demand, Tariff Threat, and Epidemic

8.2.2020
Germany, the economic powerhouse of Europe, is facing renewed challenges that may soon push it towards recession. Falling industrial production and dwindling factory orders are the prime cause of concern. The negative results have been announced on the backdrop of weak demand from Eurozone...

Germany’s BaFin Clarifies Licensing Process for Foreign Crypto Custodians

6.2.2020
In its latest guidance released in January, the regulator said firms already custodying digital assets for Germans would not be penalized for not having a license. Instead, they’d be grandfathered into the same protection that crypto custody firms based in Germany already have under the new law

Waves Launched a Non-Profit Association Under German Law

4.2.2020
The Waves Association was established in Frankfurt by representatives of the Waves community from six European countries

41 German Banks Now Charge Negative Interest Rates

2.2.2020
The number of German banks charging negative interest rates has been rising rapidly. At least 41 banks now charge negative interest rates on deposits. According to reports, seven of them are imposing negative interest rates even for small deposit amounts. Also read: Survey: 58% of German Banks...

Boerse Stuttgart’s Bison Trading App to Add Bitcoin Cash and Launch Desktop Version

2.2.2020
Bison, the crypto trading application offered by Boerse Stuttgart, has seen a remarkable growth of users in the past 12 months, the group announced this week. Germany’s second-largest stock exchange is now planning to expand its features and offer traders in Europe another cryptocurrency...

Deutsche Bank Reports €5.3 Billion in Net Loss for 2019 as It Counts the Cost of Restructuring

1.2.2020
A year of reorganization has left its mark on Germany’s leading financial institution. Deutsche Bank revealed this week it suffered significant losses in the last quarter and all of 2019. The banking giant claims that the damage is “entirely driven by transformation-related...