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Germany
German Law Allowing $415B Investment Into Crypto Takes Effect
The law allows "special funds" to invest up to 20% of their assets in crypto.
Coinbase Receives Crypto Custody License From German Regulator BaFin
The license will allow Coinbase to continue operating in Germany.
Bitcoin ETP From Iconic Funds Starts Trading on Deutsche Boerse Xetra Today
Iconic Funds plans to bring more products to the market for “crypto-hungry” investors and is also exploring listings outside of Germany.
The State of Crypto in South Africa
The volatility of the Rand and exchange controls have driven widespread crypto adoption in South Africa, but lack of regulatory clarity has created problems for crypto companies like Revix, which recently moved its headquarters out of South Africa to Germany “out of desperation.”
Proposed Legislation in Germany Could Allow $425B to Flow Into Crypto: Report
Under the legislation, wealth managers known as Spezialfonds would be able to invest up to 20% in digital assets.
Commerzbank, Deutsche Börse Team Up for Tokenized Real Estate and Art Marketplace
The financial institutions are working with fintech firm 360X, with first tokenized transactions coming later this year.
Bitcoin ETF Hopeful WisdomTree Lists Ethereum ETP in Germany, Switzerland
The company’s application to list a bitcoin ETF in the U.S. is currently being reviewed by the SEC.
Digital Asset Platform Finoa Raises $22M Series A Funding
The round was led by early Luno and Revolut investor Balderton Capital.
Binance's Stock Tokens May Violate Law, Germany’s Financial Watchdog Says
BaFin said the stock tokens tracking Tesla, Coinbase and MicroStrategy have been identified as “suspicious” and the exchange could be fined up to $6 million.
Boerse Stuttgart Group Crypto Trading App Volume Reaches $2.4B
The exchange's crypto trading app, Bison, has seen a doubling of trade volumes and active users since last year.
