July 23, 2024
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German Online Bank N26 To Deploy Cryptocurrency Trading Business This Year

N26, a German online bank, has announced that its customers will be able to trade bitcoin this year. Max Tayenthal, the bank’s co-founder and one of its current CEOs, recently issued an announcement emphasizing the need for a global platform. Tayenthal also discussed the bank’s possible oversights in ignoring cryptocurrency last year. According to the

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Prosecutors In Germany Hired Bankhaus To ‘clean’ $113 million In Seized Cryptocurrency

Bloomberg reported Wednesday that the Frankfurt General Prosecutor’s anti-cybercrime office has contracted Bankhaus Scheich Wertpapierspezialist AG to “clean” cryptocurrencies worth roughly 100 million euros ($113 million) in the German state of Hesse. In a criminal prosecution involving three narcotics dealers, the coins are in seizure. The bank reveals the crypto is to be clean then,

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New German Government Looks At Crypto During Group Agreement

The new German government cites crypto in its coalition agreement. Also, supporting it for an equal playing field between traditional finance and “innovative business models.” Furthermore, Three German political parties agrees to a coalition deal this week. Of course, this will see left-leaning Social Democrats (SDP). Also, the Green Party and the right-friendly Free Democrats

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German Financial Authorities approve listing of Electronic Securities on Blockchain

The Germany's Federal Ministry of Finance announced that the cabinet passed its draft legislation on electronic securities, approving listing on blockchain.

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