Germany’s Sonnen Group launches a blockchain virtual power plant
Sonnen, a subsidiary of the Royal Dutch Shell has launched a virtual power plant that will be powered by blockchain and will absorb and store wind power.
Latest Germany News
German regulator warns against digital currency and forex broker
German market regulator has warned the public against digital currency, stocks, forex and CFDs broker EasyTrade55 which it says isn’t licensed in Germany.
Germany issues cease order to crypto ATM operator
Germany’s financial market regulator has issued a cease order to KKT UG, a company that allows its clients to buy and sell cryptos and operates crypto ATM.
Germany’s financial regulator weighs in on crypto custody
BaFin provides in-depth explanations of crypto custody as Germany advances crypto regulations.
Blocknox to offer crypto custody services to German institutional investors
Blocknox, a subsidiary of leading German stock exchange Boerse Stuttgart, currently provides crypto custody on an “escrow basis”.
This week in tech: More countries implement positive regulations
As more industries continue to adopt blockchain and cryptos, authorities are striving to keep up with Belgium, Germany, Japan and more making moves this week.
40 German banks apply to offer crypto custody
BaFin has been reportedly inundated with requests from at least 40 banks seeking to offer crypto custody services in Germany.
Bitcoin SV’s situation in the German-speaking countries
In the German-speaking countries, Bitcoin SV seems to be underrepresented in the crypto news. One could even argue there is quite a negative connotation in almost all German reporting about BSV so far.
This week in tech: Saudi Arabia, UAE, France, Afghanistan, Germany turn to blockchain
Saudi and UAE to launch CBDC, Afghan using blockchain in healthcare, HSBC and Bank of New York launch blockchain projects and more.
Crypto in Germany is finding a bigger welcome than in other countries
Germany is implementing policies and regulations for the space and encourages other countries to follow suit, especially those in the European Union.
BaFin advises crypto investors to steer clear of unlicensed 5 Capital
BaFin had prohibited Bulgarian cryptocurrency broker 5 Capital from being able to operate within the country as they have been unlawfully issuing contracts for difference.
Gold-backed crypto scam shut down in Germany
BaFin regulators ordered the Belize-registered Karatbit Foundation to cease and desist and settle any claims that remain outstanding.