Germany closes 47 bitcoin and cryptocurrency exchanges

German authorities have closed 47 bitcoin (BTC) and other cryptocurrency exchanges, claiming they are linked to criminal activity. The operation was carried out by the Frankfurt am Main public prosecutor’s office in collaboration with the Central Office for Combating Cybercrime and the Federal Criminal Police Office. These exchanges, according to the authorities, facilitated anonymous transactionswhich…

2 German banking giants offer services for bitcoin and cryptocurrencies

Two of Germany’s largest banks, DZ Bank and Commerzbank, recently announced the addition of bitcoin (BTC) and cryptocurrency-related services, marking a significant milestone in the adoption of digital assets by the traditional financial sector in the European country. DZ Bank, Germany’s second-largest bank based in Frankfurt and with USD 627 billion in assets under management,…