After a campaign by the Italian Red Cross (ITR) was able to achieve its fundraising goal within three days, the organization is now asking for further donations in the form of bitcoin. The campaign, which was launched on March 12, is intended to enable the Italian Red Cross to purchase medical equipment for the preliminary […]
The Italian Banca Sella has set up a service for trading bitcoin in the last few days. The bank is using their “hype platform” for this purpose and sees bitcoin as a secure way to transfer money internationally during the crisis. The “Hype platform” currently has 1.2 million customers Currently, around 1.2 million Italians are […]
According to a representative survey by Migros Bank, younger generations are increasingly betting on crypto-currencies instead of physical gold. Around 7 percent of the 18- to 55-year-old Swiss population have invested money in bitcoin or in other crypto-currencies. That is more than they have invested in physical gold. For the over-55s, by contrast, the preference […]
German companies Edeka, Lidl, Henkel, SAP, Lufthansa and several other large companies are planning a joint blockchain project for the exchange of load carriers. Well-known companies are working on blockchain projects This was announced by the German branch of the standardization organization GS1. The companies involved in the project, all of which have a turnover […]
The French SEC-equivalent AMF (Autorité des marchés financiers), detailed the existing issue on approaches taken regarding digital currencies. In their report, the AMF called on the European Commission to develop a strategy for digital financial services. The Fintech dossier called for the EU to “regulate the issuance and exchange of financial instruments in a blockchain […]
The Swiss regulatory authority FINMA has announced a new proposal that provides stricter guidelines for unidentifiable crypto-currency transactions. The new FIDLEG and FINIG laws, have obliged the Swiss Financial Market Supervisory Authority FINMA to issue certain, mainly technical, implementation provisions. For this reason, FINMA presented a new, streamlined ordinance last week. Among other things, the […]
The German financial supervisory authority Bafin has already received more than 40 expressions of interest from banks that would like to obtain a licence for the crypto-custody business in future. Due to the new money laundering law, banks are no longer restricted to simply offering and safekeeping of classical securities such as shares or bonds, […]
Six major central banks, including the Bank of Japan and the European Central Bank, are scheduled to meet in Washington in mid-April to discuss issues related to the likely introduction of central bank digital currencies. According to the Japan Times, the governors of the ECB and the central banks of the United Kingdom, Canada, Japan, […]
The Federal Financial Supervisory Authority (BaFin) in Germany is currently clarifying how the newly defined law can be applied to companies regarding the safekeeping of crypto-currencies. Companies that would be affected are one’s subject to foreign jurisdictions but serve the German market. In a guideline published in January, the regulatory authority announced that companies that […]
The capital of Austria has announced the use of a “Culture Token”, which is set for initial tests at the end of February. Residents of the city can earn the tokens by acting in a climate-friendly manner. Thus, a playful bonus system, in the form of an app, will aim to motivate citizens to reduce […]
