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German Authority Cautions Of New Banking And Crypto Malware "Godfather"
On Jan. 9, Germany's Federal Financial Supervisory Authority (BaFin) issued a warning about Godfather, a spyware that steals user data from banking and crypto applications. The agency has yet to ascertain how the virus assaults consumers' devices. In December, reports indicated that Godfather was targeting Android users in 16 countries.
Bitpanda is Germany's first "European retail" crypto platform.
Bitpanda has a crypto custody license from BaFin. Austrian crypto exchange can legally market to Germans. Bitpanda is regulated in Austria, the UK, Italy, the Czech Republic, Spain, Sweden, and France.
Commerzbank Applies for Crypto License
After the German commercial bank (Commerzbank) earlier this year applied for license encryption, if they are licensed, will become the country's first major bank to provide encryption currency.
German Banks Authorized for Crypto Custody and Sales in 2020
In 2020, German banks will be legislatively authorized to sell and provide custody of cryptocurrencies as reported by German newspaper Handelsblatt.
Allianz Advances with Blockchain-Based Token System
As the growing adoption of blockchain technology approaches the mainstream enterprises, the insurance giant, Allianz has also entered the blockchain sector.