Germany

German Securities Processing Giant dwpbank Launches wpNex Platform Allowing Over 1,200 Banks to Offer Bitcoin Transactions to Retail Customers

Deutsche WertpapierService Bank AG (dwpbank), a German securities processing giant that oversees over 5.3 million securities accounts, announced the launch of wpNex, a platform...

Germany calls for global regulation of the cryptocurrency industry

Mark Branson, chairman of Germany's financial market regulator BaFin, said an approach that "would simply let the industry grow as a playground for adults"...

Why Germany holds the key to crypto regulation in Europe

In January 2019, while the U.S. Securities and Exchange (SEC) Commission was out to lunch, Germany’s regulator quietly licensed the country’s first STO. Bitbond, the...

Germany Proposes Government-Run Register For Blockchain Industry

Germany wants its blockchain regulations to align with EU laws.On March 1, Germany's justice and finance ministries released a proposal to develop a state-run...

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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...