Category: Germany

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Geographic Distribution Data Shows US Takes Leading Bitcoin Mining Position After China’s Crackdown

After China has reigned for a number of consecutive years as the dominant bitcoin mining epicenter of the world, the United States has “taken the leading position in bitcoin mining,” according to new data from Cambridge University. Data Shows US, Kazakhstan, Russian Federation Rule the Bitcoin Mining Roost In mid-July, researchers from the Cambridge Bitcoin…
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Millions of Wix Merchants Can Now Accept 12 Different Cryptocurrencies

On Tuesday, the Atlanta-based cryptocurrency payments company Bitpay announced the Israeli software company Wix has enabled its Software as a service (SaaS) e-commerce product to accept crypto-asset payments. The integration will allow Wix merchants to accept 12 different cryptocurrencies such as bitcoin, dogecoin, bitcoin cash, ethereum, litecoin, and stablecoins as well. SaaS Platform Wix Implements…
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Bitkraft VC launches $75M investment fund for blockchain gaming

Bitkraft’s new $75 million token fund has already closed investments in six different projects. E-sports, gaming and interactive media investment platform Bitkraft VC has established a $75 million token fund for investing in blockchain gaming and digital entertainment. The fund uses a “stage-agnostic” strategy, meaning that it will put money in companies and startups at…
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Bitcoin-based security token offering approved in Germany

Germany joins countries such as France, Luxembourg, Spain and Portugal by greenlighting the Bitcoin-based EXOeu token. German financial regulators have approved a security token offering (STO) based on a Bitcoin (BTC) sidechain. Germany’s Federal Financial Supervisory Authority (BaFin) has greenlighted the EXOeu token by game publisher Exordium, making local retail investors eligible to participate in the…
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German asset manager Union Investment seeks BTC exposure for several funds

German funds and asset managers are expanding their horizons on crypto investments now that the nation has more favorable laws governing Spezialfonds. Union Investment, a $500 billion asset manager, is planning to add Bitcoin (BTC) to several investment funds as part of a targeted pilot program for its institutional clients, offering compelling evidence that crypto is…
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EU regulators reportedly scrutinize Binance over securities law compliance

Shortly after the exchange launched stock token trading, German and British financial regulators are reportedly looking into whether the offering complies with securities laws. Cryptocurrency exchange Binance’s latest product — digital stock tokens representing fractions of equity shares like Tesla and Coinbase — is reportedly being studied by European and British regulators over its possible…
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German stock exchanges will delist Coinbase shares, citing ‘missing reference data’

Deutsche Boerse said “the only way for Coinbase to resume trading” is for the company to apply for a Legal Entity Identifier code. The Deutsche Boerse Group has said it will delist Coinbase’s stock listing on its Xetra digital stock exchange as well as the Frankfurt Stock Exchange. According to Reuters, Deutsche Boerse said it…
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Deutsche Telekom invests in mobile DeFi platform Celo

Deutsche Telekom has become the first telecom firm to join the Celo Alliance for Prosperity. Deutsche Telekom, one of the largest telecom providers in Europe, has invested in blockchain payments platform Celo to support the development of decentralized finance. The telecom giant has made a “significant purchase” of Celo’s native token CELO through its strategic…
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German software developer donated $1.2M in ‘undeserved’ Bitcoin to political party

“The donor has made it clear to us that he sees these profits as undeserved wealth,” said a spokesperson for the country’s Greens party. A German national who reportedly sees his Bitcoin profits as “undeserved wealth” has donated more than $1 million to the country’s green political party. According to Hamburg-based news outlet Die Zeit,…
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European Central Bank releases results of digital euro consultation

Privacy concerns regarding the digital euro abound as the European Central bank tests the waters for a central bank digital currency. The European Central Bank has published the results of a public consultation on a potential digital euro as the institution inches closer to deciding whether to formally study such an initiative.  According to a Wednesday announcement,…
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