Christian Lindner, Germany’s former finance minister, has urged the European Central Bank (ECB) and the Bundesbank to adopt Bitcoin in their reserves. He praised the U.S. administration’s crypto policies under Donald Trump, calling them “progressive” and forward-thinking. Lindner emphasized that Europe should avoid lagging in the global shift toward digital
21X, a German fintech firm, has secured regulatory approval from BaFin, Germany’s financial supervisory authority, to operate a blockchain-based tokenization platform. This approval marks the first time an entity has been granted a license for a fully regulated trading and settlement system under the EU’s DLT Pilot Regime (DLTR). Also,
While the enthusiasm over the Bitcoin market is soaring every day, Germany’s recent decision to sell nearly 50,000 BTC at $53,000 per coin during June and July has led to an estimated “$1.84 billion in missed profits” as Bitcoin surged to a new all-time high of $89,956.88. At the current
Germany’s Samara Asset Group (AG) has announced plans to invest up to €30 million in Bitcoin. This move is part of a broader strategy to increase its exposure to the cryptocurrency market. Samara AG is following a similar path to that of MicroStrategy, a company known for its significant Bitcoin
In the last 24 hours, amid several news reports, the cryptocurrency sector witnessed the release of governmental institutions’ Bitcoin holdings data. The governmental reserves alone account for 2% of Bitcoin’s total supply. This indicates a widespread adoption of cryptocurrency in the global economy. Moreover, several banks have begun listing digital
Commerzbank, Germany’s second-largest bank by branches, has partnered with Crypto Finance, a subsidiary of Germany’s largest stock exchange operator, to provide crypto trading services for its corporate clients. According to the announcement, this move will initially focus on Bitcoin (BTC) and Ethereum (ETH), allowing businesses to easily and securely engage
Germany’s KfW is set to introduce tokenized bonds. The largest development bank in the country announced its bonding in a recent press release that happened on Monday. Traditional finance institutions are exploring ways to put assets in bonds, credits, and funds, making the financial field more reliable. KfW is advancing
The largest cryptocurrency, Bitcoin, has been the community’s prime focus in the past two months, due to its price activity. With external factors taking a toll on Bitcoin, prices showed significant plunges and volatility. The drop in BTC price led to a considerable crypto market crash at the beginning of
In the past few weeks, the German government’s Bitcoin selling was the most discussed and watched within the crypto community. The government of Germany in a span of three weeks has managed to sell a notable 50,000 BTC. In the last 24 hours, their BTC holdings have fallen to almost
DZ Bank, the second-largest bank in Germany, said on Thursday that it would begin testing retail crypto trading this year. The cryptocurrency-friendly financial institution intends to pilot Bitcoin transactions with clients after launching a cryptocurrency custody platform in November last year. Sometime later this year, DZ Bank will reportedly begin
