# German government unimpressed by Facebook stablecoin’s rebrand

# German government unimpressed by Facebook stablecoin’s rebrand

“# German government unimpressed by Facebook stablecoin’s rebrand ” Facebook’s Diem stablecoin, which recently changed its name from Libra, is still failing to impress German regulators. As reported by Reuters,  German Finance Minister Olaf Scholz voiced his criticism of the project on Monday after a conference between G-7 finance ministers and central bank directors. Scholz called Facebook’s…

Read More
# German bank launches crypto fund covering portfolio of digital assets

# German bank launches crypto fund covering portfolio of digital assets

“# German bank launches crypto fund covering portfolio of digital assets ” German private bank Hauck & Aufhäuser announced its first crypto fund, the HAIC Digital Asset Fund I, launching Jan. 1, 2021. According to a report on  FundView, the initiative, a collaboration with Berlin fintech Kapilendo, will target institutional and semi-institutional investors who want to invest…

Read More
#Berlin opens long-awaited 1.4-mile subway extension

#Berlin opens long-awaited 1.4-mile subway extension

“#Berlin opens long-awaited 1.4-mile subway extension” BERLIN — A long-awaited subway extension that tunnels under one of Berlin’s best-known boulevards and improves transport links from the German capital’s central railway station opened Friday. The 1.4-mile new section of the U5 line runs from its previous terminus at the Alexanderplatz, once Communist East Berlin’s central square,…

Read More
#German police probe mystery of missing giant phallus statue

#German police probe mystery of missing giant phallus statue

“#German police probe mystery of missing giant phallus statue” BERLIN — Police in southern Germany have opened an investigation into the disappearance of a large wooden sculpture of a phallus from a mountainside where it appeared without explanation several years ago. Local newspaper Allgaeuer Zeitung reported Monday that the almost 7-foot tall sculpture appeared to…

Read More
#German Amazon workers to strike for Black Friday

#German Amazon workers to strike for Black Friday

“#German Amazon workers to strike for Black Friday” German Amazon workers are being called to strike on Black Friday in an attempt to secure higher wages and better working conditions. Trade union Verdi is telling workers at seven Amazon warehouses across Germany to strike for three days, including on Nov. 27, which is one of…

Read More
# VanEck launches physically-backed Bitcoin ETN on Deutsche Börse Xetra

# VanEck launches physically-backed Bitcoin ETN on Deutsche Börse Xetra

“# VanEck launches physically-backed Bitcoin ETN on Deutsche Börse Xetra ” After spending much of 2019 unsuccessfully lobbying to get its exchange-traded fund, or ETF, approved by the United States Securities and Exchange Commission, investment management fund VanEck has finally launched a Bitcoin-backed exchange-traded product. However, according to a Nov. 25 tweet from the company’s…

Read More
#German police clash with protesters angry at Merkel’s coronavirus plans

#German police clash with protesters angry at Merkel’s coronavirus plans

“#German police clash with protesters angry at Merkel’s coronavirus plans” BERLIN – German police unleashed water cannon on Wednesday in an effort to scatter thousands of protesters angry over plans to empower Chancellor Angela Merkel’s government to enforce restrictions to curb the spread of the coronavirus. Protesters near Berlin’s landmark Brandenburg Gate threw bottles at…

Read More
# Bayern Munich taps the trend for blockchain-based fantasy soccer

# Bayern Munich taps the trend for blockchain-based fantasy soccer

“# Bayern Munich taps the trend for blockchain-based fantasy soccer ” German soccer club FC Bayern Munich, which plays in the country’s Bundesliga, is entering the world of blockchain-based fantasy soccer. The Ethereum blockchain-based fantasy soccer game Sorare, which Bayern joined this week, already counts over 100 participant clubs, including high-profile names such as Paris Saint-German, Juventus, PSG,…

Read More