European exchange group Boerse Stuttgart has announced a major step into Ethereum staking, offering users a secure, insured way to earn passive income through its Bison trading platform. By partnering with top German firms, Bison enables staking for as little as 0.005 ETH with weekly rewards. The service, currently only in Germany, promises annual returns…
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 illegal transactions and posed money laundering risks. Under German law, trading currencies, including cryptocurrencies, without proper authorization is illegal, with violators facing up to five…
š Stay Ahead with AltcoinDaily.co! š The German Federal Financial Supervisory Authority (BaFin) recently confiscated 13 cryptocurrency ATMs and over $28 million in cash from 35 locations. The agency said the seized crypto-automated cash kiosks operated without the required permits and licenses.Ā The agency mentioned that bad actors could use these unlicensed crypto ATMs. This…
German financial regulator, BaFin, has denied Binance’s application for a license to provide cryptocurrency custody services. As per a report by Finance Forward, Germany’s financial authority has decided not to grant Binance a license for cryptocurrency custody services, based on information from reliable sources. It is unclear from the source whether the refusal to grant…