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Retail FX
German Lawmakers to Repeal Punitive CFD Tax Rule: Report
2024-10-16T15:07:37.238+02:00
A €20,000 loss offset limit was introduced in Germany’s annual tax laws in 2020.
The repeal of the regulation could potentially result in significant tax refunds.
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FinTech
UniCredit Snaps Up 4.5% Stake in Commerzbank from German Government
2024-09-19T10:28:09.874+02:00
The company seeks approval to raise its Commerzbank stake to 29.9%, avoiding a full takeover bid.
The sale sparked controversy in Germany, with officials reportedly surprised by UniCredit's interest.
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Institutional FX
24/5 Trading Comes to Germany as Baader Partners with Spectrum
2024-07-23T08:55:56.881+02:00
The new deal expands access to extended trading hours and diverse financial products for German retail investors.
Both companies aim to meet the growing demand for round-the-clock trading capabilities in Europe.
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Damian Chmiel
Analysis
386 Firms, 30 Countries, 8 Million Traders: Inside EU's Investment Passport
2024-07-16T09:31:28.864+02:00
ESMA's report reveals Cyprus hosts 20% of EU cross-border investment firms.
However, when it comes to the number of clients, Germany leads the pack.
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Retail FX
Crypto and Binary Options Scam: Dozens of Israelis Extradited to Germany
2024-06-05T12:49:30.214+02:00
The gangs targeted mostly Germans with promises of high returns from binary options trading.
Liron Basis, a former Israeli footballer, was also arrested in Russia and will likely be extradited to Germany.
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Payments
Bitpanda Partners with Deutsche Bank for Real-Time Payments in Germany
2024-06-04T10:52:32.197+02:00
The collaboration enables seamless transactions through an API-based account solution.
Deutsche Bank is Bitpanda’s Hausbank for cross-currency solutions in Austria, Spain.
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CryptoCurrency
Kraken Announces Partnership to Enhance Crypto Offerings in German Market
2024-05-06T15:37:21.501+02:00
The collaboration will leverage the expertise of DLT Finance, a subsidiary of BaFin-licensed DLT Securities GmbH.
The firm's European expansion highlights its plans to acquire Dutch crypto broker Coin Meester B.V.
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Payments
Tide Rides Adyen's Banking Wave into Germany's SME Market
2024-05-02T15:24:43.379+02:00
The partnership enables Tide to utilize Adyen's banking services, including SEPA payments.
The member base of Tide has exceeded 800,000 small businesses across India and the UK.
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Payments
Cash for Cypherpunks: The Deutsche Bundesbank and MIT Forge a Digital Euro Pact
2024-04-18T17:00:48.795+02:00
The digital currency revolution is here.
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Pedro Ferreira
CryptoCurrency
LBBW Announces Partnership with Bitpanda for Crypto Custody Services
2024-04-15T11:28:08.608+02:00
The collaboration aims to provide the infrastructure for 'Investment-as-a-Service'.
The services initially target corporate clients and are slated for market launch in late 2024.
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Retail FX
lemon.markets Teams Up with Banking Giants to Launch Brokerage-as-a-Service
2024-03-14T11:59:26.297+02:00
Berlin FinTech starts a new platform with BNPP and Deutsche Bank support.
In January, lemon.markets received a BaFin license to offer white-label brokerage solutions.
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Payments
Berenberg Eyes Expansion in The UK, Germany to Capitalize on Market Opportunities
2024-02-26T13:18:07.468+02:00
The old-guard German bank plans to grow its workforce and establish new offices.
Despite low market activity, Berenberg's net profits remained steady with slight growth.
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Retail FX
BaFin Probes Unapproved Financial Operations and Identity Theft
2024-02-09T12:47:58.833+02:00
FXFlat Bank GmbH has disclaimed any affiliation with the website.
The alleged manager in Ratingen falsely claims BaFin authorization while operating in Italian.
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CryptoCurrency
German Police Seize $2.17 Billion in Bitcoin from Pirate Website Operator
2024-01-31T07:01:03.090+02:00
It was the largest crypto seizure in the country.
The suspect voluntarily transferred the Bitcoins to law enforcement.
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Institutional FX
Spectrum Markets Joins Forces with Leading German Investment Group in 2024
2024-01-22T13:09:56.908+02:00
The company joins bwf to contribute perspectives on shaping the future of the investment industry.
Spectrum Markets becomes the first new member in 2024.
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Retail FX
Trade Republic Skyrockets to 4 Million Customers in 5 Years
2024-01-09T10:42:08.833+02:00
The company reached $35 billion in clients’ investments.
To celebrate its 4th birthday, the startup is introducing a Visa debit card with savings benefits.
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CryptoCurrency
eToro Teams Up with Tangany for Crypto Custody Solutions in Germany
2024-01-02T13:25:28.734+02:00
From January 2024, the BaFin-licensed firm will extend white-label expertise to eToro's clients.
Recently, eToro has been recognized as a Crypto Asset Service Provider by CySec.
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Retail FX
Europe's Shifting Landscape: A Triptych of Economic Challenges
2023-11-23T16:37:39.782+02:00
Political crescendos and economic twists.
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CryptoCurrency
Bitcoin in Bundestag: Germany's Bold Leap into Cryptocurrency Recognition
2023-11-22T15:35:13.001+02:00
Germany's journey to widespread crypto adoption.
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CryptoCurrency
A Tale of Two Perspectives: Singapore's Skepticism and Germany's Crypto Embrace
2023-11-16T14:12:20.245+02:00
Shaping the trajectory of digital finance.
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Retail FX
Bafin Exposes Identity Fraud and Flags Risks of Unregulated Financial Services
2023-11-14T19:53:14.728+02:00
The website asserts its base in London without providing additional details or legal information.
Consumers are advised to check BaFin's authorized companies database.
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Retail FX
German Regulator Flags Investment Website Engaged in Identity Fraud
2023-11-13T13:19:13.298+02:00
Representatives of the website are contacting victims of another online fraud.
The fraudulent website offers CFDs of several asset classes.
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Institutional FX
BaFin Slaps Deutsche Bank with €170,000 Fine for Lapses in Reporting Compliance
2023-10-19T22:30:19.908+02:00
The bank allegedly delayed reporting suspicious transactions.
BaFin stated that timely reports are crucial in preventing money laundering.
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CryptoCurrency
BaFin Doubles Crypto Regulatory Activities in 2023, Eyes AI
2023-09-21T10:55:35.228+02:00
The regulator aims to build more trust in the cryptocurrency sector.
On top of that, it wants to leverage the opportunities offered by AI.
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Retail FX
Are Social Traders Laggards? Research by Germany's BaFin Suggests So
2023-08-18T17:51:51.902+02:00
Only 16% of over 1,000 surveyed German investors deploy social trading.
The majority of social traders struggle to distinguish BTC from fiat buys.
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