According to data published this Tuesday by the German Federal Statistical Office, the country's economy contracted 0.3% during the last quarter of 2023.
Among the factors that influence this contraction of Germany's economy, compared to the previous quarter of 2023, are "persistent inflation, high…
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Germany works on a stablecoin linked to the euro
Germany advances in the field of cryptocurrencies. Recently, Deutsche Bank joined crypto fund manager Galaxy Digital in working with Dutch market maker Flow Traders Ltd. to launch a euro-pegged stablecoin.
The three partners have worked on…
Requests for information about Coinbase begin to grow
In its annual transparency report, cryptocurrency exchange Coinbase reveals a 6 % increase in requests received by government and law enforcement agencies compared to 2022. In addition, it highlights a 19 % increase in the number of…
Payments via smartphones and digital watches increase among Germans
The Forsa population institute presented data resulting from a survey on digital payments in Germany, which highlights the increase in transactions with smartphones and digital watches, despite the fact that in the country a high percentage…
Germany could cut benefits for asylum seekers
Germany has taken a tougher stance on migrants, who are increasing in number across Europe. The country proposes measures ranging from cuts to the benefits of those seeking asylum, payments in kind or more community work, to deportations.…
German government approves facilitating refugees’ access to employment
The German Government approved legal amendments this Wednesday to facilitate access to the labor market for asylum seekers and foreigners whose stay is tolerated in the country, government sources in Berlin reported.
According to the…
Germany launched its first crypto postage stamp
In the era of cryptocurrencies, Germany seeks not to be left behind and launched the first cryptographic postage stamp on October 28 at an event in Berlin.
The presentation ceremony was led by Finance Minister Christian Lindner and…
G7 agrees code of ethics for Artificial Intelligence
The development and implementation of artificial intelligence has generated concern in various global organizations. Its regulation was discussed by the G7, which has reached an agreement to create a discussion forum aimed at establishing…
Germany does not have financing for 2030 climate goals
According to a study by the environmental organization WWF, Germany lacks money to finance the climate goals set for 2030.
In 2022 there was a funding gap of 32.7 billion euros ($34.6 billion), according to a report published today by WWF.…
Deutsche Bank to offer cryptocurrency custody and tokenization services
Germany's largest bank, Deutsche Bank, announced that it will offer cryptocurrency custody and tokenization service after signing an alliance with the Taurus platform.
The German bank's interest in digital assets became palpable in 2021.…
German government wants to make it easier to obtain citizenship
The German Government approved this Wednesday a legal reform that facilitates obtaining German citizenship for immigrants who are integrated in the country and at the same time seeks to increase the arrival of foreign qualified workers.…
Siemens drops sponsor of Bayern Munich
German electrical engineering company Siemens is no longer a sponsor of the Bayern Munich soccer club after the previous contract expired at the end of June this year, the company confirmed today.
"Since the start of the association in…