Binance Discontinues Futures and Derivatives Products in Germany, Italy, and the Netherlands – Bitcoin News
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Germany
Germany Green Lights Massive Institutional Crypto Investment with New Law
Institutional funds in Germany would be able to allocate a portion of their portfolio into crypto-assets, following a new law that would take effect in August. Institutional Funds to Hold up to a Fifth of their Assets in Crypto According to Bloomberg on Friday (July 30, 2021), The Fund Allocation Act would
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Largest Dark Web Market Taken Offline as Alleged Operator Arrested in Germany
A 34-year-old Australian man accused of running the world’s largest dark web marketplace has been arrested by German authorities close to the Danish border.According to a report from Europol on Wednesday, the DarkMarket site was taken offline on Monday following a probe by German investigators with the assistance of Europol
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VanEck Launches Bitcoin-backed ETP in Germany
VanEck has pushed out of the US into the European markets and, with favorable regulations, it expects to have a better embrace in the region where similar products are already available.Investment management firm VanEck has successfully launched a bitcoin-backed Exchange Traded Product known as an Exchange Traded Note (ETN) on
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Germany: Deutsche Borse’s XETRA to List Bitcoin Exchange Traded Product
Reading Time: 2 minutes by Ash T on June 10, 2020 Bitcoin According to a press release issued on June 9, 2020, U.K.-based ETC Group is slated to list the world’s first centrally cleared Bitcoin Exchange Traded Crypto – BTCE – on Deutsche Borse’s XETRA platform later this month. BTC ETP to List on Deutsche Borse ETC Group’s
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Germany: Crypto-Friendly Bank Offers Four Percent Annual Interest on Bitcoin (BTC)
Bitwala, a Berlin-based crypto-friendly bank, has joined forces with Celsius, a leading crypto lending platform, to offer its clients up to four percent annual interest on their Bitcoin (BTC) holdings. With the innovative initiative, Bitwala has become the first-ever traditional bank to offer users interest on their crypto holdings, according
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Shell Subsidiary Builds DLT-Based Virtual Power Plant in Germany
Royal Dutch Shell subsidiary Sonnen Group announced a partnership with the Energy Web Foundation (EWF) to use EWF’s blockchain to create a virtual power plant (VPP) in Germany on March 12.The virtual power plant will comprise a distributed network of residential energy storage systems intended to absorb excess wind
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Bitcoin Is Financial Instrument, Clarifies Germany, Crypto Custodians Qualify as Financial Institutions
The Federal Financial Supervisory Authority of Germany, Bafin, has issued guidance to clarify the status of cryptocurrencies and the regulations that apply
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Tesla is Slowly Pushing Germany Into Recession
Germany is on the brink of recession after growth slowed to zero in the last quarter. The economy is being dragged down by a seismic slump in car manufacturing. The Tesla effect – and the shift to electric vehicles – is leaving Germany in dire straits. Germany’s economy is
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BitGo Launches Enterprise-Grade Bitcoin Custody in Switzerland and Germany
BitGo, a California-based digital assets financial services firm is expanding its global presence by launching two new cryptocurrency custodial platforms in Switzerland and Germany. The new custodial companies are aimed at providing BitGo customers with more jurisdictions to choose from, depending on which is most suited for their business, according
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