Sunday, September 15, 2019
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German Gov’t Speaks Against Approval of Facebook’s Libra in Europe

The government of Germany has spoken against the authorization of the development of Facebook’s forthcoming Libra stablecoin in the European Union.As German weekly news magazine Spiegel reported on Sept. 13, the Christian Democratic Union (CDU) parliamentarian Thomas Heilmann — who is responsible for the blockchain policy of the CDU

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German Firm Unveils Mobile Eco-Friendly Bitcoin Mining Containers

Bitcoin (BTC) mining infrastructure firm Northern Bitcoin AG has announced the completion of tests for its new air-cooled mining container, which houses 144 ASIC miners.A press release published on Sept. 9 outlined that the highly mobile container solution has been designed as a piece of flexible and efficient infrastructure

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German Cabinet and Bundesbank Are in Close Communication on CBDC Issues

The Cabinet of Germany and Germany’s central bank Deutsche Bundesbank are working together closely on issues related to central bank digital currencies (CBDCs).Awareness of global CBDC situationOn Aug. 29, Germany’s federal parliament (Bundestag) published official feedback to a request from parliamentary group the Free Democratic Party, which asked the

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German Company Secures €750 Million ‘Eco-Friendly’ Loan Via Blockchain

German-based Dürr, one of the world's leading mechanical and plant engineering firms, has secured a sustainability loan of 750 million euros, the interest on which is linked to its eco-friendly performance. The credit agreement, reported on Aug. 8 by Finance Magazine (German), was self-initiated by Dürr, utilizing a blockchain-based syndicated

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German Regulator Greenlights $280 Million Ethereum Real Estate Bond

The German Federal Financial Supervisory Authority (BaFin) approved an Ethereum-based real estate bond of security issuance firm Fundament Group. The company announced the news in a press release shared with Cointelegraph on July 23. Regulated real estate bonds on the Ethereum blockchainThe given bond backed by a portfolio of properties

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German Watchdog Warns Public About Alleged Hiring by Crypto Exchange CoinBene

The Federal Financial Supervisory Authority (BaFin), Germany's financial regulator, has issued a public warning about cryptocurrency exchange CoinBene on May 28.The watchdog says that CoinBene has been recruiting freelance crypto traders who get paid on commission. BaFin states that since crypto assets are financial instruments, trading them requires authorization

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German Regulator Has No Info on ‘Cyber Incidents’ on German Crypto Trading Platforms

Germany’s financial regulator has no knowledge of “cyber incidents” or market manipulation occurring on crypto trading platforms in the country, according to a press release on May 28.Referencing info from the Federal Financial Supervisory Authority (BaFin) — the financial watchdog that oversees banks, financial services institutions and insurance services

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German State Announces Plan to Establish European Blockchain Institute

The government of the German state North Rhine-Westphalia (NRW) announced plans to establish the European Blockchain Institute to research blockchain technology in a press release on May 13.According to NRW Economics Minister Andreas Pinkwart, the European Blockchain Institute will be founded in the city of Dortmund later this year,

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