German Bank to Offer Tokenized Securities Based on Stellar
One of the oldest banks in Europe, von der Heydt, is developing a euro stablecoin to facilitate private placements in securities tokenized on the Stellar blockchain.
Citing regulatory concerns, Berlin-based security token startup Neufund has announced plans to freeze its fundraising campaigns and sideline future tokenized equity offerings.
Even though the crypto custody law falls under the German banking act, German banks are hesitant to give crypto firms bank accounts.
Germany's finance and accounting agencies seem to have missed their chance to spot a $2.1 billion black hole in Wirecard's accounts.
Coronavirus drove blockchain startup Spherity to develop a decentralized ID prototype for interacting with healthcare providers and pharmacies.
Blocknox, a subsidiary of the second-largest German stock exchange, is expanding its crypto custody service to institutional players.
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.