Germany

64% Of Germans Aware Of Bitcoin, Says IT Association Bitkom

24 hours ago kakp2 0
A survey published Feb. 15 by the German Federal Association for Information Technology, Telecommunications and New Media (Bitkom), found that just over two thirds of Germans are aware of Bitcoin (BTC). Awareness of the most popular cryptocurrency has doubled since 2016, when 36 percent of German citizens were familiar with Bitcoin, and quadrupled since 2013, Read More

The economic surprise of 2017 was Europe’s best year in a decade

2 months ago adcity Comments Off on The economic surprise of 2017 was Europe’s best year in a decade
Europe didn’t head into 2017 under the best circumstances. Brexit was still relatively new and troubling, Italy’s oldest bank had just collapsed, and a series of upcoming elections were making investors nervous. Twelve months later, the success of Europe’s economy this year has been such a standout surprise it’s even been enjoying its own hashtag: Read More

ECB Wants Digital Cash for Banks to Keep up With Bitcoin

3 months ago adcity Comments Off on ECB Wants Digital Cash for Banks to Keep up With Bitcoin
Economics While American central bankers are still just monitoring the risks bitcoin poses to the established banking system, their counterparts across the Atlantic are already preparing to compete with the popular cryptocurrency. A member of the European Central Bank (ECB) executive board has called on commercial banks to implement new solutions that, in his view, will Read More

Germany’s Top Financial Regulator Warns Against Initial Coin Offering (ICO) Risks

3 months ago adcity Comments Off on Germany’s Top Financial Regulator Warns Against Initial Coin Offering (ICO) Risks
Germany’s top financial regulator, the Federal Financial Supervisory Authority (BaFin) has issued a warning to investors bout the risk of investing in initial coin offerings (ICOs). This move makes BaFin the latest market watchdog to issue a warning on ICOs. In its statement, BaFin warned investors about the various risks involved in ICOs and token Read More