Germany approves Bitcoin-based security token offering
A security token offering (STO) based on a Bitcoin (BTC) sidechain has been approved by German financial regulators. The country joins countries such as France, Luxembourg, Spain and Portugal to launch the Bitcoin-based EXOeu token. Exordium’s EXOeu token has been approved by Germany’s Federal Financial Supervisory Authority (BaFin), allowing local retail investors to participate in […]
German institutional funds will be authorized to hold crypto from August
A new law governing the German Spezialfond will take effect on Aug.2, this law will allow the institutional funds to hold crypto. This action will pave way for the adoption of Bitcoin in other sectors of the country. German institutional funds will be authorized to keep up to 20% of their assets in cryptocurrencies starting […]
Germany’s Federal Financial Supervisory Authority gives license to Coinbase
Coinbase Germany has received a crypto custody business license from BaFin to operate fully in Germany. Germany’s Federal Financial Supervisory Authority, better known as BaFin, announced on Monday that it has granted Coinbase the country’s first crypto exchange license for custodying digital assets. Due to the lack of precedence, the regulator stated it will assemble […]