Germany – Page 4 – Ƀitsell X

Head of Portugal central bank deems crypto unsustainable, calls for global regulation

October 3, 2023

Mário Centeno praised the European Union’s first comprehensive crypto framework, MiCA, but insisted on further international consolidation of regulatory efforts. Mário Centeno, the governor of Banco de Portugal, joins a chorus of regulators claiming that national efforts to oversee crypto wouldn’t work correctly without a global framework. A section of Mário Centeno’s speech. Source: Publicnow.com In his…
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German crypto regulator calls for global rules to also govern niche finance centers

September 19, 2023

BaFin’s top executive stresses the risks of crypto and calls for global regulation to apply to all financial centers, without exceptions. While the European Union has made significant progress toward regulating crypto by approving its comprehensive framework, Markets in Crypto Assets (MiCA), the need for global regulation still remains, according to one of the top…
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German Blockchain Sector Sees 3% YoY Growth with $355 Million Invested in 2023: Report

September 16, 2023

According to a report published by Crypto Valley Venture Capital (CV VC), the German blockchain sector demonstrated resilience, seeing a 3% YoY increase in funding, in contrast to the global blockchain ecosystem’s downturn of over 50%…. Read More: German Blockchain Sector Sees 3% YoY Growth with $355 Million Invested in 2023: Report Read more »Sign…
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Kenya forms parliamentary committee to investigate Worldcoin

August 21, 2023

The controversial crypto project’s launch has been marred into controversy, and it’s already facing investigations in nearly half a dozen countries. The Worldcoin cryptocurrency project has run into another roadblock — this time in Kenya, where the government has formed a 15-member parliamentary committee to investigate the controversial asset. The Kenyan government formed a 15-member committee headed…
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Crypto Analyst Highlights Germany’s Economic Challenges and Its Surprising Implications for Crypto

August 8, 2023

A weakening economy and potential recession in Germany could be positive for Bitcoin (BTC) prices, crypto analyst Marcel Pechman believes. According to Pechman, a further fall in Germany’s gross domestic product (GDP) will likely mean that the European Central Bank (ECB) will start easing its monetary policy, simply because European governments can’t afford to pay…
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Germany is dragging Europe’s economy down — and that’s great for crypto

August 4, 2023

Cointelegraph analyst and writer Marcel Pechman explains how a weakening German economy — Europe’s largest — is a positive for cryptocurrencies. In the latest episode of Macro Markets, Cointelegraph analyst Marcel Pechman discusses the recession in Germany, Europe’s largest economy. According to a recent headline in The Wall Street Journal, “Germany is dragging down Europe’s…
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Bavaria’s Data Protection Office Launches Probe Into Worldcoin’s Iris-Scanning Data Practices

August 2, 2023

Bavaria’s State Office for Data Protection Supervision (DPS) has initiated an inquiry into the Worldcoin project and its data collection techniques, as disclosed in a Reuters report on Monday. This comes shortly after similar investigations by Kenya’s Office of the Data Protection Commissioner (ODPC) and France’s National Commission for Informatics and Liberty (CNIL), who also…
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German regulator raised concerns about Binance CEO prior to license application withdrawal: Report

July 28, 2023

BaFin reportedly advised Binance that CEO Changpeng Zhao wouldn’t pass a “fit and proper” test as part of the financial watchdog’s licensing regime. The German Federal Financial Supervisory Authority, or BaFin, reportedly advised crypto exchange Binance to withdraw its licensing application based on concerns with CEO Changpeng Zhao and the firm’s structuring. According to a…
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Binance Withdraws Its Crypto License Application in Germany

July 28, 2023

The world’s largest exchange for digital assets, Binance, has withdrawn its application for a German crypto custody license. The trading platform made it clear it’s not giving up on plans to eventually obtain authorization from the Federal Republic but wants its submission to better reflect the changing market and regulatory conditions. Crypto Exchange Binance to…
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Today in Crypto: BNB Chain Report Shows Web3 Growth Despite Bear Market, Beam Wallet Leveraging Optimism and Base Launches, Binance Withdraws its Crypto License Application in Germany

July 27, 2023

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: Today in Crypto: BNB Chain Report Shows Web3 Growth Despite Bear Market, Beam Wallet Leveraging Optimism and Base Launches, Binance Withdraws its Crypto License Application in Germany Read more »Sign up…
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Category: Germany