Onchain data reveals that an entity likely tied to Germany’s Federal Criminal Police Office (BKA) transferred 6,500 bitcoin, valued at approximately $ 425 million, on June 19. Arkham Intelligence identified the address on Jan. 31 through its onchain monitoring systems. German Authorities Transfer Seized Bitcoin About four months ago, Arkham Intelligence announced on the …
A subsidiary of the German multinational company Deutsche Börse Group has been granted four licenses by the German Federal Financial Supervisory Authority or Bafin. The licensing of the subsidiary helps to distinguish its product offering “as one of the few to meet these exceptionally high standards.” Cementing Crypto Finance’s Position in the European Digital Asset […]
German authorities have revealed that they have seized 50,000 bitcoins. “This is the most extensive seizure of bitcoins by law enforcement authorities in the Federal Republic of Germany to date,” the German police noted. Germany Seizes 50K Bitcoin The Saxony state police in Germany announced the seizure of nearly 50,000 bitcoins on Tuesday following a […]
Commerzbank has made a significant stride in the digital asset sector by becoming the first German full-service bank to receive a Crypto Custody License. Commerzbank believes the breakthrough positions the bank at the forefront of the burgeoning crypto market in Germany. The firm discloses that the license, granted under the German Banking Act, marks a […]
One of the largest banks in Germany by total assets, DZ Bank, has launched a crypto custody platform. Additionally, the bank disclosed that alongside its solution for institutional customers, it is working on “an offer that allows private customers to invest directly in cryptocurrencies.” Germany’s DZ Bank Debuts Digital Custody Platform DZ Bank, one of […]