Bear Market
Germany-based Nuri files for insolvency, CoinFlex kicks off restructuring process
Crypto winter has left Nuri insolvent, while CoinFlex is looking to restructure to deal with its unpaid debt.
Christian Nwobodo 2 min read
Germany News
BaFin oversight, institutional products, staking, and Germany’s expanding digital asset market.
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Top Germany Stories
DeFi
Top German regulator executive wants DeFi regulated
The European Union is also considering extending its Markets in Crypto Assets (MiCA) law to other digital assets and crypto innovations, including the Web3 and financial sectors.
Taxes
Germany is the number one tax haven for crypto investors with 0% tax rates
Cryptocurrency investors in Germany can benefit from 0% tax rates on their profits if they hold their coins for a year without cashing out.
More Germany Crypto News & Analysis
Adoption
Germany world’s most crypto-friendly country but averse to DeFi
A recent study concluded Germany is the most crypto-friendly country for the first quarter of 2022. However, the same source also states that there is no DeFi adoption in the region.
Crime
German authorities shut down world’s largest darknet market Hydra
Law enforcement officers have also seized roughly €23 million in Bitcoin from the now-defunct platform.
Legal
Why did the EU ditch its plans to ban Bitcoin mining?
Further investigations show a Proof-of-Work mining ban was never on the agenda, much to the satisfaction of Bitcoin advocates.
Legal
Russia SWIFT sanctions “picked carefully” to avoid German energy crisis
As Western countries have agreed on imposing restrictions cutting off Russian banks from the SWIFT global payment system, affected Russian banks are “picked carefully” to minimize potential energy crises.
Banking
Op-Ed: The fallacies of the Bitcoin energy debate
An increasingly common critique of crypto is the notion that Bitcoin mining accelerates climate change. This claim is inaccurate.
Banking
BitMEX buys one of the oldest banks in Germany
One of Germany's oldest banks is about to be purchased by a company closely related to crypto exchange BitMEX, with the goal of establishing regulated crypto products in Germany, Austria, and Switzerland.
