Tag: Germany

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‘There are already digital means of payment:’ EU Commission gets 11,000 public comments on CBDC project

Less than two weeks after the consultation process’ start, the prevalent mood in the comments section appears quite negative. In less than two weeks that passed since the European Commission opened its “Digital euro for the EU” initiative up to public consultation, more than 11,000 individuals and organizations left their feedback on the website. The…
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Decentralizing the grid: Operators test blockchain solutions

As today’s energy market becomes decentralized, energy grid operators may need to take a Web3 approach to asset management and security. The world’s energy market is rapidly evolving, moving from hydrocarbon plants to a future centered around clean energy enabled by wind and solar power. As such, today’s energy market is shifting to an increasingly…
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Virtual Insurer and German Giant Munich Re Team Up to Offer Digital Asset Insurance

  Hong Kong-based virtual insurer OneDegree has entered into a three-year strategic partnership with German reinsurer Munich Re to launch OneInfinity, a new digital asset insurance product.  OneDegree says its product is an insurance and technology offering designed specifically for digital asset trading platforms, custodians, asset managers, as well as technology providers…. Read More: Virtual…
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Museums in the metaverse: How Web3 technology can help historical sites

Historical-site metaverses may become a new business model for tourism, and they may rewrite history in the process. Metaverse events at ancient and historical sites could soon shape up to be an alternate future for tourism. Owners of physical castles and villas who have drafted up augmented reality blueprints of their properties think their ambitious…
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US Hits Russian Crypto Exchange with Sanctions, Russian Central Bank Affraid That Crypto Will Replace Ruble

  The United States has hit the crypto exchange Garantex with sanctions, claiming that it has “willfully disregarded” anti-money laundering and countering the financing of terrorism (AML, CFT) obligations and “allowed” its “systems to be abused by illicit actors.” A joint Washington-Berlin effort has also closed down darkweb servers in Germany – while the Russian…
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Germany Shuts Down Hydra Market, Seizes Servers and Bitcoin

Law enforcement agencies in Germany have targeted Hydra, a leading darknet market (DNM). As part of an operation conducted with U.S. support, the German police were able to establish control over the servers of the Russian-language platform in the country and take down its website. Investigators Hit Hydra in Germany, Confiscate Millions in Crypto …
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New Bitcoin’s Chance to ‘Bitcoinze the Dollar’, Crypto Seizures + More News

  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: New Bitcoin’s Chance to ‘Bitcoinze the Dollar’, Crypto Seizures + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card

Another Regulatory Challenge for DeFi, El Salvador Seeks Help from Binance + More News

  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: Another Regulatory Challenge for DeFi, El Salvador Seeks Help from Binance + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card

Deutsche Bank to Exit Russia, Says There Will Be No New Business There

Germany’s Deutsche Bank has become the latest financial services giant to confirm it’s leaving Russia over Moscow’s military assault on Ukraine. The bank has been reducing its Russian exposure since 2014 when Russia annexed Crimea and the conflict in Eastern Ukraine erupted. Amid Ongoing War in Ukraine, Deutsche Bank Pulls Out of Russia Deutsche Bank,…
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EU Members Want to Task New AML Watchdog With Crypto Oversight, Report Unveils

A group of EU nations have reportedly been lobbying to entrust oversight of the crypto space to a new anti-money laundering (AML) agency. Behind the move are concerns that companies dealing with digital assets can be engaged in the processing of illicit funds. Germany Leads Push to Place Crypto Firms Under EU Anti-Money Laundering Supervision…
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