The Berlin-based fintech firm announced Tuesday it joined the association for private banks in Germany.
Dr. Marcus Pleyer has outlined the objectives for his next two years as president of the global AML watchdog.
Germany's finance and accounting agencies seem to have missed their chance to spot a $2.1 billion black hole in Wirecard's accounts.
Citing regulatory concerns, Berlin-based security token startup Neufund has announced plans to freeze its fundraising campaigns and sideline future tokenized equity offerings.
Even though the crypto custody law falls under the German banking act, German banks are hesitant to give crypto firms bank accounts.
Coronavirus drove blockchain startup Spherity to develop a decentralized ID prototype for interacting with healthcare providers and pharmacies.
Blocknox, a subsidiary of the second-largest German stock exchange, is expanding its crypto custody service to institutional players.
One of the oldest banks in Europe, von der Heydt, is developing a euro stablecoin to facilitate private placements in securities tokenized on the Stellar blockchain.
In its latest guidance released in January, the regulator said firms already custodying digital assets for Germans would not be penalized for not having a license. Instead, they’d be grandfathered into the same protection that crypto custody firms based in Germany already have under the new law.
While a grandfather clause allows crypto custodians to keep serving German customers without being penalized, those same companies are waiting on financial regulator BaFin to release final regulations around the law.
Berlin-based solarisBank has opened a subsidiary to offer a white-labeled custody product to nonbanks interested in offering crypto products.
Two more governments have taken action against entities in the Karatbars ecosystem over sales of a purportedly gold-backed cryptocurrency.
Speaking on a possible e-euro, minister Olaf Scholz said Germany "should not leave the field to China, Russia, the U.S. or any private providers."
The U.S. Department of Justice is seeking to extradite the alleged hacker over crimes he's already served time for in Slovenia.
The German bank is set to help European retailers accept bitcoin payments in early 2020.