Germany’s largest bank, Deutsche Bank, is reportedly gearing up to launch a digital asset custody service by 2026, marking a significant step in its ongoing foray into the cryptocurrency sector. According to Bloomberg, the banking giant plans to roll out the service in collaboration with Bitpanda Technology Solutions, the tech ...
In a major strategic shift, Germany’s Sparkassen-Finanzgruppe plans to roll out cryptocurrency trading services to its more than 50 million customers by the summer of 2026. This move marks a significant turnaround for the banking giant, which previously blocked crypto purchases for all customers back in 2015, citing concerns over ...
OKX has officially launched fully regulated platforms in Germany and Poland, strengthening its presence in Europe and marking a significant milestone in its regional expansion strategy. This move reflects the company’s broader ambition to solidify its role as a trusted, compliant crypto exchange across the European Union. Through these newly ...
Germany’s Financial Intelligence Unit (FIU) reported a record increase in cryptocurrency-related suspicious activity reports (SARs) in 2024, even as the total number of filings declined. According to the agency’s annual report released on Tuesday in Cologne and published by Bloomberg, the FIU received 8,711 crypto-linked SARs, an 8.2% increase from ...
In a striking display of financial heft and stability, Tether has overtaken Germany in U.S. Treasury bill holdings, underscoring its dominant position in the digital asset ecosystem and its conservative approach to reserve management. According to the U.S. Department of the Treasury data and Tether’s Q1 2025 attestation report, the ...
Former German finance minister Christian Lindner has urged the European Central Bank (ECB) and the German central bank, Bundesbank, to consider including Bitcoin in their reserves. In an interview with the German Press Agency in Berlin, Lindner described the new Trump administration’s stance on cryptocurrencies as "an extremely progressive policy" ...
Recent data from blockchain analytics firm Arkham Intelligence reveals that a cryptocurrency wallet associated with the German government still holds approximately 38,488 Bitcoin (BTC), valued at about $2.19 billion. This substantial holding comes despite the German government's recent sales of Bitcoin, which have contributed to market volatility. Activity of the ...
Cryptocurrency wallet addresses associated with the German federal government conducted significant Bitcoin transfers on Wednesday morning, June 26, indicating a potential intention to sell digital assets. According to precise data from Arkham Intelligence, a trusted on-chain analytics platform, the federal authorities executed a total of 1,095.338 BTC, valued at approximately ...
Landesbann Baden-Württemberg (LBBW), a leading German federal and commercial bank, will begin offering digital asset custody services in the second half of 2024, according to a new report from Bloomberg. The bank will reportedly partner with the Australian crypto exchange Bitpanda to provide these services. Bitpanda’s custody platform will serve ...
Binance has made a significant move in its quest to expand its European operations by withdrawing its application for a cryptocurrency license in Germany. The decision comes after allegations that the German Federal Financial Supervisory Authority (BaFin) rejected their custody license application on June 29, 2023. Initially, there was uncertainty ...
