Wed, January 22

German Officials Raided Deutsche Bank Over Tax Invasion Case

The raid happened in Frankfurt and comprised over 100 investigators. As of today’s inquiry, Deutsche is suspected of dividend stripping. On Tuesday, Deutsche Bank said that it is cooperating with authorities investigating a tax fraud case that dates back at least ten years. The biggest German bank is only one

October 19, 2022 1 min read

Inflation in Germany Records 3-Decade High of 10% in September

It’s worth noting that inflation has been over 7% for the last seven months. The country in question had the biggest positive flows of crypto, totaling $2.9 million. Rising inflation has eroded the purchasing power of the average person throughout the globe, creating a cost-of-living issue. Inflation rates throughout the

October 13, 2022 1 min read

Cryptocurrency Sales After 1 Year of Possession Declared Tax-free in Germany

Investors had to keep it for at least ten years before selling it out tax-free until now. The crypto market is recovering after the recent bloodbath. Because of the rising prominence of digital currencies like Bitcoin and Ethereum, the German Federal Ministry of Finance (BMF) has issued a letter that

May 13, 2022 1 min read

Germany Overtakes Singapore as Number 1 in Terms of Most Crypto-friendly Nation

Last year, Germany came in the fourth position in the world rankings. The United States is ranked third overall in domestic mining. According to Coincub, Germany is the most crypto-friendly nation globally, beating out countries like Singapore. For the first quarter of 2022, Coincub’s global crypto rankings placed Germany at

April 16, 2022 1 min read

BitMEX Purchases a German Bank to Create a Crypto Powerhouse in the Heart of Europe

BitMEX turns a German Bank into a crypto powerhouse in Europe. The crypto exchange agreed to purchase Bankhaus von der Heydt of Germany. BitMEX plans to launch a crypto one-stop-shop in Germany, Austria and Switzerland. BitMEX is a cryptocurrency exchange and a P2P crypto-products trading platform. It stands unique in

January 19, 2022 2 mins read

OpenSea Upon Controversy on Hitler NFTs!

Numerous Adolf Hitler based artwork NFTs are available on the OpenSea. Many raise concerns upon certain disturbing NFTs. OpenSea assures removal of any sort of disturbing NFTs to ensure trust. Controversies upon the crypto industry and among altcoins, one dragging the other and many such are a usual thing. However,

October 10, 2021 2 mins read
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