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Germany Shuts Down 47 Crypto Exchanges Over Money Laundering Activities 

German authorities have shut down 47 cryptocurrency exchanges operating in the country for allegedly facilitating large-scale money laundering operations for cybercriminals. According to an official statement by the Frankfurt main…

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Commerzbank Partners With Deutsche Börse’s Crypto Finance to Expand Crypto Services

Commerzbank, one of Germany’s largest banks, has partnered with Deutsche Börse subsidiary Crypto Finance to offer secure bitcoin and ether services to its corporate clients. The collaboration focuses on seamless…

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Boerse Stuttgart Digital, DZ Bank Expand Crypto Access to 700 German Banks

Boerse Stuttgart Digital is collaborating with DZ Bank to bring secure cryptocurrency trading and storage to over 700 cooperative banks across Germany. The move marks a significant step toward mainstream…

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German Authorities Shut Down 47 Crypto Exchange Services in Cybercrime Crackdown

German authorities have dismantled 47 exchange services involved in facilitating anonymous crypto transactions for criminal activities. These platforms bypassed anti-money laundering protocols, enabling cybercriminals to exchange digital currencies without identity…

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German Authority Seizes 13 Unauthorized Crypto ATMs

Germany’s Federal Financial Supervisory Authority (BaFin) has seized 13 unauthorized cryptocurrency ATMs in a nationwide operation involving 60 officers and raids on 35 locations. BaFin reported that the machines facilitated…

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Privacy Concerns Worry Germany About the Possible Implementation of a Digital Euro

While the European Central Bank is studying the possible issuance of a Europe-wide CBDC, the digital euro, not all Europeans are fully behind this idea. Germany is particularly concerned about…

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Privacy Fears Undermine Support for Digital Euro in Germany

Skepticism about the digital euro is strong in Germany, especially among older citizens who prioritize privacy and security in financial transactions. Many Germans remain resistant to the idea of a…

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German Authorities Announce Bitcoin Sale Completion, Net €2.6 Billion

German authorities have announced the completion of an emergency sale of nearly 50,000 bitcoins, raising about 2.6 billion euros. They explained that this sale was mandated to avoid a potential…

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German Government Now Holds Less Than 10K BTC, Iran Proposes to Link All BRICS Payment Systems, and More — Week in Review

Iran’s Foreign Affairs Ministry has proposed linking BRICS countries’ payment systems for seamless national currency transactions. Meanwhile, Germany’s government reduced its Bitcoin holdings by over 3,000 BTC, now holding under…

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