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 has been threatened with legal action after rebranding its Libra stablecoin to “Diem,” following objections from a finance startup with the same name.
Speaking at a recent regional banking event, Olaf Scholz called for the advancement of European banking systems to adapt to the digital era.
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.
The site's two chief operators allegedly distributed over 880,000 pirated copies of films and TV series between 2008 and 2013.
Top ranking executives at the Munich-based company allegedly funneled millions of euros to suspicious companies in Asia, according to reports.
The German regulator said Shitcoins Club wasn’t licensed to facilitate ‘proprietary trading on a commercial basis.’
A Romanian programmer arrested in Germany has entered a guilty plea for his role in the BitClub Network Ponzi scheme which defrauded $722m from investors.
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.