German Fintechs Rush to Offer Crypto Custody Services Under New Law
December 13, 2019
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Fintech companies in the Federal Republic are quickly moving to develop and offer custodial solutions for digital assets under the new German legislation that will allow banks to store, transfer and trade cryptocurrencies next year. Berlin-based Solarisbank has established a subsidiary that will focus exclusively on the niche. The new entity and another German startup, […]
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Bitcoin brought about solutions to persistent problems that stood in the way of previous attempts to invent digital money, such as the risk of double spending. Some of its features, however, like the characteristic irreversibility of blockchain transactions, have created certain challenges for the traditional legal and financial systems. At times they may seem incompatible […]
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Negative interest rates, a common occurrence in Europe these days, are unpleasant for both banks and clients. And financial institutions have been increasingly transferring the bulk of the burden on to their customers. Some political factions in Germany, however, aren’t happy with the trend and are pushing for adequate protection for the ordinary small saver, […]
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Last week, Craig Wright, the man who claims he’s Satoshi Nakamoto, appeared in court and testified why he did not have access to his public bitcoin addresses and trust information. Since then a lot of new evidence has been submitted to the court and members of the crypto community have dissected Wright’s recent testimony and […]
On June 28, Craig Wright, the Australian native who claims to be Satoshi Nakamoto, spent the day in a Florida court battling with the Kleiman attorney. Wright became emotional when he told the court that he designed the network but didn’t like how it turned out. At one point he told the court he was […]
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The cryptocurrency community got riled up recently over Craig Wright’s U.S. copyright registration of the Bitcoin whitepaper and some of the code from the early software. However, on May 24 the U.S. Copyright Office saw a Bitcoin whitepaper registration by a man named Wei Liu, bringing another legal challenger to Wright’s claim of ownership over […]
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