Express

Germany Allowing Banks To Offer Sale And Custody Services Of Cryptocurrencies"

Roland James

Summary: Bundesrat, the state-level representative body similar to the U.S. Senate, passed a bill on Nov. 29, that will allow German banks to offer sale and custody services for cryptocurrencies. According to German new outlet Handelsblatt, this latest law is a direct enactment of the EU’s Fourth money laundering directive. This bill allows for greater clarification ...

Bundesrat, the state-level representative body similar to the U.S. Senate, passed a bill on Nov. 29, that will allow German banks to offer sale and custody services for cryptocurrencies.

According to German new outlet Handelsblatt, this latest law is a direct enactment of the EU’s Fourth money laundering directive. This bill allows for greater clarification on the state of cryptocurrencies in Germany and gives banks the ability to offer cryptocurrency services.

By Roland James

Last Update:

Tags: ,,,
Link: Germany Allowing Banks To Offer Sale And Custody Services Of Cryptocurrencies"   [Copy]
  • Bitcoin Weekly Analysis: Volume-Price Divergence and High-Level Consolidation Anticipat... 1 day ago
  • Will Introduction of the Stablecoin Act Trigger a Financial Tsunami? 2 days ago
  • Trump Just Opened the Floodgates: What Happens When $9 Trillion in Retirement Money Hit... 5 days ago
  • US Crypto Stash Shock: Marshals' Low BTC Count Fuels 'Secret Sale' Debate, Ignites Buyb... 6 days ago
  • Mini Altcoin Season Brewing? Old Guard's Rally Signals Potential Shift 8 days ago
  • You need to login to comment.