The European Union is planning to dote its planned anti-money laundering and terrorist financing watchdog with powers related to oversight over cryptoasset businesses, according to “people familiar with the matter.” The designed authority is to be launched in 2024 and become fully operational two years later…. Read More: Germany-Led Group Wants a New EU…
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German prosecutors have hired a bank to “clean” cryptocurrency seized in criminal cases. “As the cryptocurrencies are related to crime, they are considered ‘contaminated coins’ and cannot be traded on mainstream exchanges,” the bank said.
Bank Hired to Clean Cryptocurrency Seized in Criminal Cases
The anti-cybercrime unit of the Frankfurt General Prosecutor in the…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: Crypto.com’s Super Bowl, Polygon’s Opera, Prosecutors ‘Clean’ EUR 100M in Crypto + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card
According to the plan, 50 million savings bank customers would be able to buy Bitcoin directly from checking accounts. German savings banks are planning to allow customers to invest in major digital currencies like Bitcoin (BTC) and Ether (ETH) directly from checking accounts. Savings banks in German-speaking countries, also known as Sparkassen, are working on…
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An association of savings banks in Germany is looking to offer crypto services to customers in a pilot test that would include the development of a crypto wallet. The association, which has more than 50 million customers, would be acting amidst a wave of cryptocurrency interest ostensibly sparked by inflation concerns and negative interest rates.…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Banking Behemoth’s Crypto Wallet, Ethereum Outflows, Bitcoin’s Milestone, Cheap NFT Ape + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card
Two months following the country’s general election, three German parties agreed on a program to be implemented by their forthcoming coalition government – and the produced document includes a call for stronger supervision of crypto assets by the European Union’s institutions. … Read More: Next German Government Calls For Crypto Regulation, Blockchain Investments Read more »Pay,…
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The new German coalition is aiming to make the “European financial market supervisory law” fit for crypto-assets and businesses. The new German government has cited crypto in its coalition agreement, advocating for an equal playing field between traditional finance and “innovative business models.” Three German political parties agreed to a coalition deal this week that…
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A lawyer representing investors defrauded by the notorious crypto scam Onecoin has urged authorities in Bulgaria to act on the case, claiming that the “world’s largest pyramid scheme” is still operating from the country. In a petition with the Bulgarian Constitutional Ombudsman, Jonathan Levy accuses officials in Sofia of failing to provide justice to the…
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German authorities are auctioning bitcoin seized from the darknet in cybercrime cases. The auction website reportedly experienced high traffic to bitcoin listings, with 4,000 new registered users over the past few days. German Government Auctioning Seized Bitcoin The Justice Ministry of North Rhine-Westphalia, Germany’s largest state by population, announced Monday an auction of bitcoin seized…
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