Romanian programmer pleads guilty in $722M BitClub Ponzi scam
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.
The Latest Germany News
Neufund shuts down security token platform, blames regulators
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.
Bitcoin SV grows in Germany with ‘Hello Metanet’ workshop in Berlin
The team behind b2029.org is creating a space in Berlin where Bitcoin enthusiasts can get together.
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.
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.