Coinatory

BaFin Bans Ethena’s USDe Sales Over MiCAR Violations Germany's Federal Financial Supervisory Authority (BaFin) has mandated that Ethena GmbH cease all public sales of its stablecoin, USDe, citing significant regulatory violations. The regulator identified substantial deficiencies in Ethena's compliance with the European Union's Markets in Crypto-Assets Regulation (MiCAR), particularly concerning asset reserves and capital requirements. In its enforcement action, BaFin has frozen the reserves ba... crypto news

Bullish Secures BaFin Licenses, Eyes EU Expansion Under MiCA The German subsidiary of Bullish Group, a prominent player in the digital asset trading infrastructure, Bullish DE Custody GmbH, has successfully obtained important licenses from the Federal Financial Supervisory Authority (BaFin) of Germany. The permissions, which were given on December 20, 2024, cover major brokerage services, proprietary trading, and crypto asset custody. According to a press statement from the company, these licenses allow B... crypto news today

Samson Mow Urges Germany to Buy Bitcoin for Strategic Reserves Samson Mow, CEO of Bitcoin technology firm Jan3, has publicly urged Germany to incorporate Bitcoin into its national strategic reserves. During a recent address at the Bundestag, Mow outlined his vision for nation-states adopting Bitcoin as a reserve asset, emphasizing that Germany should aim to acquire 281,267 BTC to bolster its financial stability. Mow’s call for Germany to make this strategic move was also shared on social media, where he ... Coinatory crypto news

Germany Seizes $28M in Cash, Shuts Down 13 Unlicensed Crypto ATMs German authorities recently conducted a sweeping anti-money laundering operation, leading to the confiscation of 13 unlicensed crypto ATMs and the seizure of nearly $28 million in cash across 35 locations nationwide. This coordinated effort, which took place on August 20, highlights Germany's ongoing crackdown on crypto-related malpractice. The raids, orchestrated by the Federal Financial Supervisory Authority (BaFin) in partnership with loca... cryptocurrency news today

Germany Concludes Bitcoin Sell-Off, Marking End of Major Crypto Liquidation According to recent blockchain data, the German government has completed the transfer of its remaining Bitcoin holdings, concluding a selling spree that lasted nearly three weeks. As of Friday, July 12, blockchain data from Arkham Intelligence confirms that wallets linked to German authorities no longer hold any Bitcoin (BTC). The German government sent the last of their 3,846.05 BTC to Flow Traders and 139Po. Just three weeks ago, the Ger... Coinatory crypto news

Deutsche Börse created a specialized department dedicated to "DLT, cryptocurrency assets, and new market products." The German stock exchange together with the international central securities depositories studied the properties of the smart contracts for mobilization of insufficient security of obligations. Also - the creation of a functional prototype for the settlement of transactions with securities on the basis of a blockchain with Deutsche Bundesbank. Jens Hachmeister, managing director of DLT subdivision, cryptocurrency assets ... Read more about " Deutsche Börse has created the blockchain subdivision " on coinatory.com

More than 80% of the world"s companies realizing or implemented blockchain projects in varying degrees, with a quarter of them have already launched pilot projects or fully completed their implementation, according to a study by the consulting company PwC. The PwC study "Blockchain is here. What"s your next move? "Is based on a survey of 600 executives from 15 countries and territories: Australia, China, Denmark, France, Germany, Hong Kong, India, Italy, Japan, Netherlands, Singapore, Sweden, UAE, UK and USA. Respondents were asked questions ... Read more about " PwC: More than 80% of companies in the world implement blockchain projects " on coinatory.com