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Brokers
German Retail Brokers Suffer Trading Outage Amid GameStop Saga
Trade Republic banned its users from buying GameStop, Blackberry and other stocks amid a surge of bets by small investors.
Thursday, 28/01/2021 | 18:45 GMT
by
Aziz Abdel-Qader
News
BaFIN Blames Employee for Wirecard Insider Trading
The regulator suspended the employee and also filed a criminal complaint.
Thursday, 28/01/2021 | 11:43 GMT
by
Arnab Shome
News
German Company Uses Stellar Blockchain to Issue $24 Million Bond
Vonovia housing company has issued the fully digital debt bond using Stellar blockchain to transfer the ownership rights.
Thursday, 14/01/2021 | 11:30 GMT
by
Bilal Jafar
News
Germany Closes World’s Biggest Darknet Market Using Bitcoin and Monero
The illegal marketplace had more than 500,000 users and processed transactions of nearly 4,650 Bitcoin and 12,800 Monero.
Wednesday, 13/01/2021 | 07:16 GMT
by
Bilal Jafar
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News
Germany Introduces Wider Blockchain Strategy
The Cabinet of Germany passed new legislation today to eliminate the paperwork in securities transactions through Blockchain.
Wednesday, 16/12/2020 | 14:47 GMT
by
Bilal Jafar
News
German Bank Introduces First Euro Stablecoin
Bankhaus von der Heydt partnered with Bitbond to issue EURB stablecoin on the Stellar Network.
Thursday, 10/12/2020 | 07:30 GMT
by
Bilal Jafar
News
Germany’s Oldest Bank Introduces Cryptocurrency Fund
Hauck & Aufhäuser will launch a cryptocurrency investment fund in January 2021 to invest in Bitcoin and other digital assets.
Monday, 07/12/2020 | 12:22 GMT
by
Bilal Jafar
News
German Finance Minister Demands Quick Decisions on Digital Euro
Olaf Scholz said that the European Central Bank should not adopt wait and see approach to launch a digital currency.
Friday, 27/11/2020 | 13:35 GMT
by
Bilal Jafar
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News
Coronavirus Pushes German Fintech Monedo to Go Bankrupt
The startup was once a high-flying fintech in the country.
Previously, the startup harvested public data to evaluate the risks of potential customers
Monday, 14/09/2020 | 11:46 GMT
by
Arnab Shome
Payments
Wirecard AG to Cut 730 Jobs as Insolvency Proceedings Commence
Michael Jaffé has been appointed as the insolvency administrator by the Munich District Court.
Wednesday, 26/08/2020 | 04:08 GMT
by
Celeste Skinner
News
Digital Securities Adoption Highlighted in New German Draft Bill
Germany's draft bill decribed digital securities adoption as a core aspect of the government’s blockchain strategy.
Friday, 14/08/2020 | 08:44 GMT
by
Rachel McIntosh
Products
BUX Reaches 100,000 Users in Germany, Driven by COVID-19
Heightened market volatility has caused a surge in new German clients using the investing app.
Thursday, 06/08/2020 | 05:01 GMT
by
Celeste Skinner
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Execution
Commerzbank AG Expects to Close 2020 in Red, Hurt by Wirecard Scandal
The German lender has revised its forecast for 2020, now expects to report a net loss for the year.
Wednesday, 05/08/2020 | 08:58 GMT
by
Celeste Skinner
CryptoCurrency
Northern Data Partners with Taiwanese Firm Gigabyte Technology
The firm has developed proprietary HPC services in collaboration with the computer hardware manufacturer.
Tuesday, 21/07/2020 | 07:55 GMT
by
Finance Magnates Staff
News
Wirecard’s Missing COO is Suspected to Be Hiding in Belarus: Report
Investigative news outlet 'Bellingcat' has followed Jan Marsalek's paper trail to Belarus.
Monday, 20/07/2020 | 06:09 GMT
by
Rachel McIntosh
News
Deutsche Boerse Evaluates DAX Expulsion Rule Following Wirecard Scandal
The fintech was a darling stock of the flagship index.
Friday, 17/07/2020 | 09:11 GMT
by
Arnab Shome
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News
Germany Probing Possible Insider Trading of Wirecard Shares
The company is already facing litigation in multiple jurisdictions.
Tuesday, 14/07/2020 | 11:33 GMT
by
Arnab Shome
Payments
Police Raid Irish Wirecard Office
Wirecard’s Dublin offices searched as fraud probe widens.
Friday, 10/07/2020 | 15:11 GMT
by
Finance Magnates Staff
Payments
Head of Wirecard's Dubai Operations Arrested in Germany
German media have identified the executive of Cardsystems Middle East FZ-LLC as Oliver Bellenhaus.
Monday, 06/07/2020 | 19:02 GMT
by
Aziz Abdel-Qader
News
NetCents Plans European Expansion with Growing Local Clients
The company aggressively entered the European markets and saw a surge in the client base.
Monday, 06/07/2020 | 06:59 GMT
by
Arnab Shome
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Payments
Germany Wants to Give BaFin More Responsibility Amid Wirecard Scandal
The Finance Minister said he wants to overhaul the oversight system for Germany’s financial industry.
Monday, 06/07/2020 | 05:06 GMT
by
Celeste Skinner
FinTech
German Fintech NAGA Continues Strong Growth Path
The number of new customers and trading volumes has grown significantly with an increase of over 50% since Q1.
Tuesday, 30/06/2020 | 10:35 GMT
by
Finance Magnates Staff
News
BaFin to Takeover Financial Probe Following Wirecard Collapse
The regulator already appointed a probe on Wirecard last year, but that did not see any progress.
Monday, 29/06/2020 | 07:21 GMT
by
Arnab Shome
News
Philippino Lawyer Claims He’s Being Framed for Wirecard Scandal
Mark Tolentino said he is being set up the missing €1.9 billion, but did not provide proof.
Monday, 29/06/2020 | 01:12 GMT
by
Celeste Skinner
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Regulation
Wirecard UK: Customer Funds Frozen After FCA Imposes Requirements
The firm filed for insolvency after revealing more than $2bn in cash missing from its balance sheet did not exist.
Friday, 26/06/2020 | 11:00 GMT
by
Finance Magnates Staff
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