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Germany Overtakes US to Become Rank 1 Crypto Economy, HK at 8

Germany Overtakes US to Become Rank 1 Crypto Economy, HK at 8

Germany has overtaken the US to become the world's top-ranked crypto economy in the third quarter of 2022. The US, which led the rankings alongside Germany last year, was pushed to seventh.

Microsoft & EU Based Universities Believe Blockchain Can Achieve Paris Agreement Carbon Goals

Microsoft & EU Based Universities Believe Blockchain Can Achieve Paris Agreement Carbon Goals

With blockchain, industries like the financial services are finding alternative modes of cash transfers, with a gradual switching to cryptocurrencies. The use cases of blockchain technology are steadily transcending digital asset opportunities, as key EU partners now believe the technology could help meet the Paris Agreement Carbon Goals.

Coinbase Ordered by BaFin to Ensure Proper Business Reorganization

Coinbase Ordered by BaFin to Ensure Proper Business Reorganization

German market regulator has instructed Coinbase to ensure its proper business reorganization

German Policymakers Cannot Accept Facebook’s Libra

German Policymakers Cannot Accept Facebook’s Libra

The German cabinet is expected to adopt a comprehensive blockchain strategy with the aim of digitally enhancing its economy. The strategy also consists of plans to tackle risky new technologies such as Libra, which German policymakers fear could become an alternative currency.

German Deutsche Borse Exchange Seeks to Launch New Bitcoin Exchange-Traded Product for Trading

German Deutsche Borse Exchange Seeks to Launch New Bitcoin Exchange-Traded Product for Trading

Bitcoin the world’s largest cryptocurrency is making another notable milestone in crypto history as it will be the first crypto asset listed as an exchange traded product (ETP). The company announced the exchange-traded product, popularly known as the Bitcoin exchange-traded crypto (BTCE) - is Bitcoin-backed security that would be listed and traded on Deutsche Borse’s Xetra market-based in Germany. ETP is a financial instrument whose value is based on the underlying security (such as currencies, bonds, and stocks) and is traded on stock exchanges.

Allianz Advances with Blockchain-Based Token System

Allianz Advances with Blockchain-Based Token System

As the growing adoption of blockchain technology approaches the mainstream enterprises, the insurance giant, Allianz has also entered the blockchain sector.

Commerzbank Applies for Crypto License

Commerzbank Applies for Crypto License

After the German commercial bank (Commerzbank) earlier this year applied for license encryption, if they are licensed, will become the country's first major bank to provide encryption currency.

DekaBank to Launch Blockchain-Based Tokenization Platform

DekaBank to Launch Blockchain-Based Tokenization Platform

German asset management DekaBank is cooperating with Metaco to build a tokenization platform but won't trade Bitcoin.

The Bitcoin logo lights up Berlin

The Bitcoin logo lights up Berlin

The Berlin TV Tower displayed the Bitcoin logo. German Bitcoiners tweeted images and videos of the lighting. These "advertisements" are legally illegal, so proceed cautiously.

German Startup Plans to Launch Bitcoin ETN on Frankfurt, Luxembourg Stock Exchanges

German Startup Plans to Launch Bitcoin ETN on Frankfurt, Luxembourg Stock Exchanges

Iconic, a German startup wants to integrate cryptocurrency into the stock market through the listing of their bitcoin derivative (ETN) with regulated trading on Frankfurt and the Luxembourg Stock Exchange.

Banks Embrace Tech to Navigate Economic and Cyber Challenges, ISG Highlights

Banks Embrace Tech to Navigate Economic and Cyber Challenges, ISG Highlights

Global banking and financial services (BFS) firms are increasingly leveraging technology to improve customer experience and navigate the tumultuous landscape, according to a report by Information Services Group. The ISG TechXchange event in Paris will explore how BFS institutions can use data, automation, and AI to differentiate themselves in a saturated market. The event will feature prominent BFS leaders discussing the future of banking, emerging tech platforms, and the potential of the metaverse.

German Banks Authorized for Crypto Custody and Sales in 2020

German Banks Authorized for Crypto Custody and Sales in 2020

In 2020, German banks will be legislatively authorized to sell and provide custody of cryptocurrencies as reported by German newspaper Handelsblatt.

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