Crypto News From the German-Speaking World: Oct. 6

Published on by Cointele | Published on

The German-speaking world has experienced another week full of exciting developments in the crypto industry, with Germany investigating the feasibility of a blockchain-based regional power trading platform, Iota Foundation joining forces with Zühlke to solve engineering problems and the German Central Bank saying that there is no need for a digital euro coin.

Here is the past week of crypto and blockchain news in review, as originally reported by Cointelegraph auf Deutsch.

Cointelegraph reported last week that the German finance minister Scholz was advocating the idea of launching a digital Euro coin.

On Oct. 12, the German Bundesbank said that it sees no current need for the introduction of a digital central bank currency in Europe.

South African Net1 intends to acquire majority stake in Liechtensteiner Bank Frick.

The Kuno Frick Family Foundation remains the owner of the remaining 30 percent of the Liechtensteiner Bank Frick.

Bitcoin Suisse and Amun bring crypto investment product to Swiss stock exchange.

Per an Oct. 7 report, Swiss crypto companies Bitcoin Suisse and Amun launched an investment product for Bitcoin and Ether which is listed on the SIX Swiss Exchange.

The Amun Bitcoin Suisse BTC/ETH ETP represents the value of Bitcoin held by Bitcoin Suisse with a share of 90 percent and Ether with a share of 10 percent.

The cryptocurrencies are stored in the Bitcoin Suisse Vault, a crypto custody solution for institutions with particularly high security.

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