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.
BaFin oversight, institutional products, staking, and Germany’s expanding digital asset market.
Law enforcement officers have also seized roughly €23 million in Bitcoin from the now-defunct platform.
Further investigations show a Proof-of-Work mining ban was never on the agenda, much to the satisfaction of Bitcoin advocates.
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.
An increasingly common critique of crypto is the notion that Bitcoin mining accelerates climate change. This claim is inaccurate.
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.
The co-founder of N26 acknowledged that the German fintech giant made a poor call prioritizing geographical expansion over adding crypto services.