BitWelt in hot water with German regulators over unauthorized 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.
Latest Germany News
BaFin rejects Binance pleas as stock token delisting deadline looms: report
The German securities regulator has rejected an appeal from cryptocurrency exchange Binance to remove its warnings about the firm’s stock tokens.
German financial regulator suspects Binance offering ‘violates securities laws’
The German financial regulator has reasonable grounds to suspect cryptocurrency exchange Binance of violating securities laws over its tokenized stock trading service.
Germany’s federal bank tests blockchain payment system sans CBDC
The test bridges the gap between mainstream finance and blockchain technology without relying on a central bank digital currency.
German private bank to set up digital currency trading and custody services
Donner & Reuschel, one of Germany’s oldest banking institutions, cited high demand from its customers as a key factor behind the move.
Germany passes law legalizing electronic securities on blockchain
Germany has passed a new law that legalizes the use of blockchain technology in the securities sector, easing a rule that required the use of paper certificates for all securities transactions.
Facebook Libra rebrand draws legal and political ire
Facebook has been threatened with legal action after rebranding its Libra stablecoin to “Diem,” following objections from a finance startup with the same name.
German minister thumbs down private digital currencies
Speaking at a recent regional banking event, Olaf Scholz called for the advancement of European banking systems to adapt to the digital era.
German regulator now requires license for digital currency ATMs
A notice confirms that digital currency ATMs constitute banking business, meaning they fall within BaFin’s regulatory remit.
Germany proposes new bill for digitized securities
The regulators consider digitized securities to be a core aspect of their blockchain strategy for Germany in the future.
German police seize $30M in BTC, BCH connected to pirated movie website
The site's two chief operators allegedly distributed over 880,000 pirated copies of films and TV series between 2008 and 2013.
Wirecard execs allegedly looted $1 billion before collapse: report
Top ranking executives at the Munich-based company allegedly funneled millions of euros to suspicious companies in Asia, according to reports.