
Boerse Stuttgart Digital blocknox service receives BaFin license in a pioneering move
The new license will see the firm offer the trio of brokerage, trading, and custody services to clients, according to Boerse Stuttgart Group CEO Matthias Voelkel.
The new license will see the firm offer the trio of brokerage, trading, and custody services to clients, according to Boerse Stuttgart Group CEO Matthias Voelkel.
Germany’s Federal Financial Supervisory Authority is reportedly investigating the Singapore-based Crypto.com for failing to deliver on its promise to secure a formal partnership with local brokerage CM-Equity.
BaFin says that one of the ways that the Godfather malware gets in contact with users is through the impersonation of popular investment websites and apps.
Digital asset exchange Coinbase was reprimanded by German financial supervisory authority BaFin over corporate deficiencies, with the latter demanding the firm carry out organizational change.
In a recently published leaflet by BaFin, the regulator stated that the for application for licenses would close on June 10, 2022.
If approved, Commerzbank, which has over 18 million customers and around 70,000 institutional clients, aims to serve as a digital currency exchange by offering custody and trading services.
BaFin has announced that it’s investigating BitcoinWelt, a company that offers CFDs and forex trading services, which it said is not authorized in Germany.
A notice confirms that digital currency ATMs constitute banking business, meaning they fall within BaFin’s regulatory remit.
The regulators consider digitized securities to be a core aspect of their blockchain strategy for Germany in the future.
Neufund, one of the pioneers in the securities tokens has called it quits despite achieving moderate success in the field. It blamed regulators for lack of guidance.
Bitcoin Exchange Traded Crypto will list on Deutsche Boerse’s Xetra market in Frankfurt.
German market regulator has warned the public against digital currency, stocks, forex and CFDs broker EasyTrade55 which it says isn’t licensed in Germany.