German Regulator Had Just 1 Person Checking Wirecard’s $3.1B Books: Report
Germany's finance and accounting agencies seem to have missed their chance to spot a $2.1 billion black hole in Wirecard's accounts.
BaFin said the stock tokens tracking Tesla, Coinbase and MicroStrategy have been identified as “suspicious” and the exchange could be fined up to $6 million.
The bank’s game plan was hidden in plain sight in a widely overlooked report by the World Economic Forum.
The round was led by early Luno and Revolut investor Balderton Capital.
Germany's financial regulator BaFin is seizing bitcoin ATMs run by "Shitcoins Club" months after ordering its operator to cease trading crypto.
Binance has partnered with licensed German investment firm CM-Equity to offer crypto asset management and brokerage services in Germany and Europe.
In its latest guidance released in January, the regulator said firms already custodying digital assets for Germans would not be penalized for not having a license. Instead, they’d be grandfathered into the same protection that crypto custody firms based in Germany already have under the new law.