Germany Archives - FortuneZ

Germany’s BaFin Warns of Unauthorised Broker AlpenFX

March 11, 2021

Germany’s top financial regulator today warned of the dangers posed by offshore brokers that continue to chase online trading business, including within the gray area of the country’s cryptocurrency sector. ...

BaFIN Blames Employee for Wirecard Insider Trading

January 28, 2021

Germany’s Federal Financial Supervisory Authority (BaFIN) has filed a criminal complaint against an unnamed employee for involvement in the insider trading in now-collapsed Wirecard, the regulator announced o...

German Bank Introduces Crypto Fund Covering Portfolio Of Digital Assets

December 7, 2020

German bank introduces crypto fund covering portfolio of digital assets. German private bank Hauck & Aufhäuser announced its first crypto fund, the HAIC Digital Asset Fund I, to be released on 1 January 2...

Germany’s Central Bank Is Working On A Blockchain Project

October 31, 2020

Germany's central bank is working on a blockchain project. According to a public notice published in the Supplement to the Official Journal of the European Union, the Singaporean non-profit foundation Ocean P...

Germany To Permit Online Casino Games

September 14, 2020

Germany to permit online casino games. Under a strict regulatory structure, the Glücksspielneuregulierungstaatsvertrag (GlüneuRStV), German legislators have agreed to allow online casino games in Germany. The...

German States Allows Online Casino Transitional Period

September 13, 2020

German states allows online casino transitional period. Until the new law was implemented in July 2021, German federal states signed an agreement to allow online casino games on a provisional basis, provided ...

Wirecard AG to Cut 730 Jobs as Insolvency Proceedings Commence

August 26, 2020

Insolvency proceedings for the assets of Wirecard AG and six other German companies, linked to trouble in fintech, have been opened by the Munich District Court, which will see around 730 employees lose their...

Digital Securities Adoption Highlighted in New German Draft Bill

August 14, 2020

Earlier this week, Germany’s Federal Ministry of Finance (BMF), along with the Federal Ministry of Justice and Consumer Protection (BMJV), introduced a draft bill on blockchain-based digital securities. The b...

Pepperstone Gains Germany’s BaFin License

August 13, 2020

Pepperstone, a global forex and CFDs broker, has received a financial services license from the German regulator BaFin, the brokerage confirmed to FortuneZ. The brokerage is highlighting the move as a part o...

BUX Reaches 100,000 Users in Germany, Driven by COVID-19

August 6, 2020

After only a couple of months since BUX launched its zero-commission investing app in Germany, the company revealed that it has now reached 100 thousand clients from the country, after experiencing a surge in...