The ‘crypto’ collapse continues unabated, with customers of both Singapore-based lending platform Hodlnaut and German digital asset exchange Nuri fearing for the safety of their funds.
The people at the WeAreDevelopers World Congress were very excited to learn about an efficient and powerful blockchain to use in their dev stack, CoinGeek’s Kurt Wuckert Jr. writes.
Bitcoin Association for BSV represented Bitcoin SV at WeAreDevelopers World Congress in Berlin with more than 8000 attendees. The association sparked great interest in Bitcoin SV on an excit-ing market and during an important stage for the BSV ecosystem.
CoinGeek Chief Bitcoin Historian Kurt Wuckert Jr. is going to Germany along with representatives from TAAL, GorillaPool, and Bitcoin Association to give a few presentations at the WeAreDevelopers World Congress.
In a recently published leaflet by BaFin, the regulator stated that the for application for licenses would close on June 10, 2022.
Most notably, the new laws stipulate that Germany will not impose a capital gains tax on the sale of BTC and ETH held for more than one year.
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.
The comment period has been open for just two weeks, but the comments have been piling up, with Germans dominating and most opposing the digital euro.
Germany will lead the formation of the new body and it’s expected to start operations in 2024, including oversight over Bitcoin, which the watchdog believes is prone to crime.
A special report by Reuters has unearthed the rot at Binance, including how top execs made fun of anti-money laundering and Know Your Customer checks, and how Zhao led the flouting of laws.
Binance founder Changpeng Zhao tweeted that while the exchange is being linked to the bad guys, the bank is not, even though they use the “same or stronger” AML tools as banks.