Germany’s central bank partners with MIT on digital euro privacy research
Germany is MIT’s fourth central bank partner in a study that will focus on the digital euro, although Bundesbank has speculated there could be other applications.
Germany is MIT’s fourth central bank partner in a study that will focus on the digital euro, although Bundesbank has speculated there could be other applications.
Bafin's Director, Dr. Thorsten Pötzsch, has highlighted the need for practical EU regulation and also called for companies to "manage their risks from cyber-attacks" and "handle data and AI responsibly."
The UniThemen Blockchain Fund by Union Investment will operate a multifaceted strategy, holding actual digital currencies and stocks linked to blockchain.
Italy, as the new G7 president, prioritizes AI regulation for industry innovation, with Prime Minister Giorgia Meloni planning a dedicated session before the G7 summit to establish cohesive regulations.
German financial institution KfW is eyeing a 2024 launch for its fully decentralized tokenized bonds, building on its earlier digital bond offering, showcasing blockchain's potential for transparency and market expansion.
Commerzbank’s foray into digital currencies may increase adoption, given that it has nearly 11 million small-business and private customers in Germany and 30% foreign trade transactions.
Deutsche Börse aims to launch a digital asset exchange by 2024, introducing a stablecoin and expanding into tokenized securities to reflect the broader industry shift.
Fredrik Keitel believes there needs to be better communication and more events targeting a broad audience to demonstrate the capabilities of the BSV blockchain.
Deutsche Bank partners with Taurus to offer digital asset custody services, aligning with EU's MiCA regulation, and marking a strategic move into the digital asset space.
Germany pursues its ambition to double down on AI funding, with Bettina Stark-Watzinger saying the plan would support further innovation and create regulatory initiatives amid threats posed by the technology.
In the U.K., the Information Commissioner's Office is investigating WorldCoin over its data handling and processing, while Germany and France deem its data collection process questionable.
Deutsche Bundesbank notes that existing legislation does not provide whether or not tokenized deposits will be considered deposits in the natural sense.