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“# Deutsche Telekom invests in mobile DeFi platform Celo ” Deutsche Telekom, one of the largest telecom providers in Europe, has invested in blockchain payments platform Celo to support the development of decentralized finance. The telecom giant has made a “significant purchase” of Celo’s native token CELO through its strategic investment fund, the Telekom Innovation…
“# German software developer donated $1.2M in ‘undeserved’ Bitcoin to political party ” A German national who reportedly sees his Bitcoin profits as “undeserved wealth” has donated more than $1 million to the country’s green political party. According to Hamburg-based news outlet Die Zeit, Moritz Schmidt, a software developer from the northeastern town of Greifswald,…
“# European Central Bank releases results of digital euro consultation ” The European Central Bank has published the results of a public consultation on a potential digital euro as the institution inches closer to deciding whether to formally study such an initiative. According to a Wednesday announcement, the ECB received more than 8,200 responses to its public…
“# German digital stock exchange will list physical Litecoin ETP ” London-based ETC Group, the firm responsible for listing the first crypto exchange-traded product on Germany’s Xetra digital stock exchange, will offer a new listing for Litecoin. In an announcement today, the ETC Group said its physical Litecoin exchanged-traded crypto, under the ticker ELTC, will…
“# European Central Bank tries to quell Germans’ doubts about digital euro ” The European Central Bank, or ECB, has been investigating the possibility of launching a digital euro project within five years to complement existing central bank money. But whereas high-profile leaders such as ECB president Christine Lagarde have been largely positive about the…
“# German federal bank runs successful blockchain system without a CBDC ” Germany’s federal bank, the Deutsche Bundesbank, has run successful tests on a project which bridges the traditional finance infrastructure with blockchain technology. Despite the current global rush by central banks to familiarise themselves with central bank digital currency technology, the testing carried out by the…
“#Teachers lament ‘chaotic’ COVID rules in German schools” BERLIN — Under pressure to ease Germany’s virus restrictions, officials last month agreed to gradually reopen schools. Confirmed COVID-19 cases started climbing again, leading some states to backtrack while others pressed on and insisted that in-class teaching must be the rule. Caught in the middle are students,…
“# Germany’s financial regulator issues retail crypto investment warning ” Germany’s Federal Financial Supervisory Authority, or BaFin, has warned investors about the risks involved in cryptocurrency investments. In a consumer protection alert issued on its website on Friday, the regulator offered a cautionary tale about crypto involvement on the part of retail investors. As part…
“# Deutsche Borse’s platform Xetra to list its first Ether ETPs ” Deutsche Borse’s electronic trading platform, Xetra, is preparing to launch its first Ether (ETH)-based exchange-traded products, or ETPs. According to data from Xetra, the platform is set to debut trading of two Ether ETPs — ETC Group’s Ether exchange-traded commodity, or ETC, product…
“#Museums are safest indoor activity, study finds” For people fatigued with quarantine amid the COVID-19 pandemic, a new study from Germany recommends what to do after getting out of the house. Don’t go out to eat or get a haircut, don’t go shopping for food or go to the gym — go to a museum. According to the Berlin Institute of Technology (TU Berlin) in Germany, the risk…