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“#Biden picks former boss at UPenn to be ambassador to Germany” President Biden’s nominee to be the next ambassador to Germany is an Ivy League president whose university paid him nearly $1 million for an honorary professor gig where he was seldom seen, it was revealed Friday. University of Pennsylvania President Amy Gutmann, who has…
“#German sex workers dealt a serious blow by COVID-19 pandemic” BERLIN (AP) — The number of people registered as sex workers with German authorities declined sharply last year as coronavirus restrictions shut brothels for months, official data showed Thursday. Legislation in 2002 legalized and regulated prostitution in Germany, giving sex workers social benefits, and they…
“# Binance faces regulatory upheaval as lawmakers target ‘global’ exchanges ” The world’s largest cryptocurrency trading platform, Binance, has faced regulatory upheaval over the past week as jurisdictions clamped down on the use of unauthorized exchanges and warned citizens against accessing them. For Binance, adopting the moniker of “global exchange” has done very little to…
“# Deutsche Boerse acquires majority ownership of Crypto Finance AG ” Deutsche Boerse has acquired a majority stake in Crypto Finance AG — a Swiss digital asset firm. According to a release issued on Tuesday, the German stock exchange operator has bought a two-thirds stake in the digital asset company. Though the financial details of…
“# Germany’s financial watchdog approves crypto custody license for Coinbase ” The Federal Financial Supervisory Authority has issued a crypto custody business license for Coinbase’s Germany arm. In a Monday announcement, Germany’s Federal Financial Supervisory Authority, also known as BaFin, said it had issued Coinbase the first such license for a crypto exchange related to…
“#US, Germany confront rising anti-Semitism and Holocaust denial” Enlarge Image U.S. Secretary of State Antony Blinken, right, accompanied by German Minister of Foreign Affairs Heiko Maas, left, speaks during a ceremony for the launch of a U.S.-Germany Dialogue on Holocaust Issues at the Memorial to the Murdered Jews of Europe in Berlin, Thursday, June 24,…
“# Germany commemorates Euro 2020 soccer team with NFTs ” The German Football Association (DFB) has officially announced the debut of national soccer team nonfungbile tokens (NFTs) in partnership with a major blockchain-based fantasy soccer game provider Sorare. As part of an official license agreement, the DFB will create digital collectible cards on the Ethereum blockchain…
“#Apple hit with German antitrust probe over app store” Germany’s antitrust regulator said Monday that it has opened a far-reaching investigation into whether Apple uses its wide variety of products to squash competition, adding to the company’s regulatory woes. Germany’s Federal Cartel Office — which has also opened investigations into Facebook, Amazon and Google so…
“#Germany seeks to fine operators of Telegram messenger app” BERLIN — German authorities have launched proceedings against Telegram that could see the messenger app’s operators fined for failing to abide by laws requiring social media sites to police their users’ actions. German magazine Der Spiegel reported over the weekend that officials believe use of the…
“# The global corporate tax rate: crypto savior or killer? ” At a meeting in London earlier this month, the finance ministers from the G7 — the United States, Japan, Britain, Germany, France, Italy and Canada — unanimously agreed to begin creating the framework for a global corporate tax rate. The framework laid out a…