Category: Germany

Ledger, Neufund Partner to Create Security Tokens Framework

Cryptocurrency hardware wallet firm Ledger has partnered with German crypto startup Neufund to let users manage security tokens via Ledger’s desktop app, according to a press release Dec. 6. Ledger’s collaboration with blockchain-based equity and crypto fundraising platform Neufund aims to develop a framework for security tokens. Ledger Live — a recently launched desktop application for […]

Over One Third of German Big Business Finds Blockchain Tech as Impactful as Internet

According to a recent survey, over one third of big businesses in Germany consider blockchain technology as revolutionary as the Internet, Cointelegraph auf Deutsch reported, Dec. 4. In addition to artificial intelligence (AI) and the Internet of things (IoT), blockchain technology is one of the current three areas of development with “tremendous potential,” the survey […]

Bitcoin.de Crypto Exchange Operator to Acquire 100% of Investment Bank Tremmel

German holding company Bitcoin Group SE has acquired a 100 percent stake in investment bank Tremmel Wertpapierhandelsbank GmbH, Cointelegraph auf Deutsch reports today, Nov. 13. Bitcoin Group SE, based in Herford, Germany, operates what is reportedly the country’s only regulated crypto exchange, Bitcoin Deutschland AG, also referred to by its domain, Bitcoin.de. Upon acquisition of […]

German Financial Regulator BaFin Shuts Down Activity of British Crypto-Related Firm

The German Federal Financial Supervisory Authority (BaFin) has ordered partial cessation of activities by U.K.-based crypto-related firm Finatex Ltd., according to an official announcement published on BaFin’s website on Friday, Nov. 9. According to the BaFin’s notice, reportedly dated Oct. 2, Finatex Ltd. is ordered to “immediately” stop offering cross-border proprietary trading on its trading […]

Crypto Sector Too Small to Affect German Financial Stability, Says Gov’t Committee

A report from the Financial Stability Committee (AFS) of the German Bundestag has found that cryptocurrencies do not pose a threat to the country’s financial stability, Cointelegraph auf Deutsch reports June 27. The study notes high volatility in crypto markets and states that “they lack general acceptance and transaction costs are often relatively high”: “As […]

Deutsche Bank, Allianz, Auto1 Partner to Create Car Financing Blockchain Platform

German insurance group Allianz and Deutsche Bank have partnered with Berlin-based car exchange Auto1 to offer auto financing using blockchain technology, Cointelegraph auf Deutsch reported today, June 7. The three partners have created a new company called “Auto1 Fintech” of which they together own more than 50 percent. The new venture will offer insurance products […]

IBM And Major Banks Blockchain Partnership Reports First Live Pilot Transactions

IBM’s partnership with international banks to develop a Blockchain trade finance platform called Batavia has resulted in the platform’s first live pilot transactions, according to a press release published today, April 19. IBM, the Bank of Montreal (BMO), CaixaBank, Commerzbank, Erste Group, and the United Bank of Switzerland (UBS) began work on the initiative last […]

German Consulting Firm Camelot Launches Blockchain Platform For Medical Data Management

German Camelot Consulting Group has developed a Blockchain-based solution for the management of sensitive medical data, Cointelegraph auf Deutsch reported Monday, April 9. With its Hypertrust X-Chain data management system, the company aims to offer the healthcare industry a secure digital platform for the exchange of patient data. It aims to provide all actors that […]

64% Of Germans Aware Of Bitcoin, Says IT Association B… | News

A survey published Feb. 15 by the German Federal Association for Information Technology, Telecommunications and New Media (Bitkom), found that just over two thirds of Germans are aware of Bitcoin (BTC). Awareness of the most popular cryptocurrency has doubled since 2016, when 36 percent of German citizens were familiar with Bitcoin, and quadrupled since 2013, […]