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Deutsche Bank Strategist Predicts Crypto Could Replace Fiat Money
8.12.2019
Deutsche Bank analysts have made some predictions regarding the future of cryptocurrency. Strategist Jim Reid explained why cryptocurrencies are inevitable and how the existing fiat money system could crumble over the next decade, leading to soaring demand for cryptocurrencies. Also read: Swiss...
Boerse Stuttgart’s Crypto Exchange Live for All Traders in Germany
7.12.2019
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...
Börse Stuttgart Digital Exchange Opens to All Users Based in Germany
6.12.2019
Germany’s second-largest stock exchange has opened its new trading place for "digital assets" also for all users with German residency
ECB Nominee Blames Resistance to Negative Rates on Financial Illiteracy
5.12.2019
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...
Banks Are Cutting 75,700 Jobs Worldwide
4.12.2019
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...
Regulatory Roundup: Germany to Let Banks Sell and Store Crypto, Laws Changing in Asia
2.12.2019
Some major regulatory developments in the crypto space have transpired this week. Not only has Germany passed a bill allowing banks to sell and store cryptocurrencies, but South Korea and Thailand are also amending their laws to better regulate the crypto industry. We also cover crypto news...
German Banks Authorized to Store and Sell Cryptocurrency in 2020
29.11.2019
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...
Germany: New Proposed Law Would Legalize Banks Holding Bitcoin
29.11.2019
By 2020, German banks will be able to custody Bitcoin, if new proposed changes to the law are approved
German Banks Allowed to Sell and Custody Crypto Assets From 2020: Report
29.11.2019
From next year, banks in Germany will be allowed to offer the sale and storage of cryptocurrencies under new legislation
2019: A Berlin Odyssey — 7 Days of Crypto-Living on Monolith's ETH Debit Card
24.11.2019
Cointelegraph’s Joseph Birch takes on mainstream finance with Monolith’s crypto debit card, “At this stage, crypto has infiltrated the mainstream financial network. I am inside”
Survey: 58% of German Banks Charge Negative Interest Rates
24.11.2019
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...
Crypto News From the German-Speaking World: Nov. 17-23
23.11.2019
Cointelegraph auf Deutsch presents a weekly digest of developments from the German-speaking world
Bavarian Government to Issue Blockchain-Based Training Certificates
22.11.2019
Starting in spring 2020, the Bavarian state government will use blockchain technology to test forgery-proof training certificates
‘Mystery Man’ Gets Berlin Shop to Drop BitPay, Accept Bitcoin Directly
21.11.2019
An unknown “super nice” guy — none other than A. Antonopolous — spurred a small-time Gelato place in Berlin’s hip Friedrichshain district to start accepting Bitcoin
German Bank Boosts Bitcoin — Negative Interest Rates Hit Every Account
21.11.2019
“We had to” — German bank charges everyone 0.5% negative interest
Deutsche Boerse, Swisscom Settle Securities with Corda and Hyperledger
19.11.2019
Deutsche Boerse and Swisscom successfully exchange securities tokens against cash tokens using Corda and Hyperledger
German Airline Company Hahn Air Issues Tickets on Blockchain
18.11.2019
German airline Hahn Air claims to be the first airline company to issue its tickets on a blockchain
German Regulator Flags Crypto Broker for Operating Without License
16.11.2019
A German financial regulator issued a warning against Bulgarian crypto broker 5 Capital
German Regulator Orders ‘KaratGold Coin’ Issuer to Cease Operations
15.11.2019
Two more governments have taken action against entities in the Karatbars ecosystem over sales of a purportedly gold-backed cryptocurrency
Germany Barely Avoids Recession, Economy Remains Stagnated
15.11.2019
The German economy, the largest and most influential in Europe, narrowly missed falling into recession last quarter. But with quarterly GDP growth averaging a little over 0% since the third quarter of last year, the Old Continent’s economic powerhouse is facing stagnation. Also read:...