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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:...