Members of European Union have decided to make use of distributed ledger technology and adopt crypto-assets such as stablecoins, by 2024, in order to introduce new...
Germany officially classifies Bitcoin, and cryptocurrencies by extension, as a financial instrument, according to the latest guidance issued by the Federal Financial Supervisory Authority of Germany,...
Germany’s Federal Financial Supervisory Authority [BaFin] reportedly received over 40 expressions of interest from banks for the issuance of a cryptocurrency custody services license. The report...
The digital asset trust company and security company, BitGo announced its expansion plans with new custodial entities in Switzerland and Germany. According to the official release...
In Germany, cryptocurrencies are a “unit of account.” With Bitcoin’s legal definition similar to fiat currency, one would think a law approving bank-based crypto sale and...
With several banks across the globe now issuing their own digital currencies, the chances of them adopting existing cryptocurrencies are slim. While some banks have been...
Despite its growing acceptance in the financial landscape as a legitimate asset class, digital currencies and central banks have hardly seen eye-to-eye. Apart from Central Banks...
On Tuesday, the EU’s Finance Commissioner, Valdis Dombrovskis, pledged that he would propose new rules to regulate virtual currencies such as Libra, following his reappointment. This...
Today, the German Federal government presented a concept to the Federal Cabinet for use cases of blockchain database technology. A number of laws were announced in...
The use of blockchain technology has spread over several industries across the world today, use accelerated by several organizations that operate on networks built on blockchain....
