German Banking Giant DekaBank Embraces Crypto with New Institutional Services
DekaBank, managing $395 billion in assets, launches comprehensive cryptocurrency trading and custody services for institutional clients after securing key regulatory approvals. The move signals growing mainstream acceptance of digital assets in Germany's traditional banking sector.
Germany Plans Multi-Billion Dollar Investment in Ethereum Following Bitcoin Exit
The German government announces plans for a significant investment in Ethereum, marking a strategic shift after a $3.1 billion Bitcoin loss in 2022. This bold move reflects Germany's commitment to blockchain innovation and positions the country as a leader in decentralized finance.
Germany Orders Worldcoin to Delete Iris Scan Data Over Privacy Concerns
German data protection regulators have ordered Sam Altman's Worldcoin project to delete all user iris scan data, citing GDPR violations. The landmark ruling creates challenges for blockchain projects using biometric data and signals stricter oversight of digital identity verification in Europe.
German Business Hesitancy: Blockchain Adoption Stalls While AI Surges
A comprehensive study reveals 72% of German companies remain uninterested in blockchain technology, even as AI adoption doubles. While the financial sector leads blockchain implementation with 54% adoption, widespread integration faces hurdles from regulatory uncertainty and talent shortages.