Germany

Deposit Token Race Heats Up, Germany Nears Launch

Germany's CBMT deposit token initiative is advancing to production, with a live Sandbox and five banks targeted for launch.The project has shifted from a...

Germany’s 21X launches live operations with tokenized USD yield fund

21X launches first live operations with a new U.S. dollar yield token listing. The US Money-Black Manta USD Short Term Yield (USMO) token is backed...

Germany Seizes $38M Crypto Linked to Bybit Exchange Hack

German authorities seized $38 million in cryptocurrency believed to be linked to a cyberattack on the Bybit exchange. The funds were confiscated as part of...

Ethena Labs exits Germany amid stablecoin compliance concerns

Ethena Labs is closing its German operations after BaFin identified compliance issues with its USDe stablecoin.The company will no longer pursue MiCAR authorization in...

Bitwise Launches Solana Staking ETP in Germany as U.S. Products Await SEC Approval

Bitwise launches Solana staking ETP on Germany's Deutsche Börse AG, offering enhanced returns through staking mechanisms. The product arrives amid growing European investor interest in...

German Government’s Bitcoin Sales Stir Market Concerns

The German government has been selling Bitcoin seized from a movie piracy site.Sales have amounted to over $390 million, impacting Bitcoin's market price.Approximately $75...

Binance’s Strategic Shift: Withdrawing Cryptocurrency Exchange Applications Amid Changing Regulatory Landscape

Binance announced on Wednesday that it is withdrawing its request to officially operate as a cryptocurrency exchange in Germany."Binance confirms that it has proactively...

Deutsche Bank Embraces Cryptocurrency Wave: Seeks License for Digital Asset Services

Germany's largest banking institution, Deutsche Bank, has reportedly - according to Bloomberg - applied to the country's financial regulator, BaFin, for a licence to...

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Bank of Korea Probes Crypto Risks for Financial Firms

The Bank of Korea is surveying 18 banks and 13 brokerages about cryptocurrency-related risks.The survey includes scenarios involving a...

Bitcoin ETFs Post Record $643M Outflow After Binance Hack

U.S. spot Bitcoin ETFs shed $643.2 million on Friday, their biggest outflow of October, following the $6.4 billion Binance...

Back: Bank capital rules make Bitcoin costly for lenders

Blockstream CEO Adam Back stated Bitcoin's third wave of adoption from pension funds and insurers is "still largely to...