Good News - German Banks To Manage Cryptocurrencies in 2020

[Fedor00 74]

This might be good news but in the same time it might also be bad news. Because if banks decide to work with bitcoin and cryptocurrencies most likely they will have control over our coins 

[Jessica Karren 1242]

European countries are moving rapidly towards cryptocurrency technology which is good for all crypto lovers. United kingdom, Germany and France are the leading ones 

[Babubu609 0]

 

On 12/1/2019 at 1:49 PM, bentayebsalah said:

This is very good news for Bitcoin and it will come back very much if it enters the European Union and is used by Germany

Now as we are in March 2020 the price of Bitcoin hits 3800 what do you view in the price as it flunctuates

[rianpedia 816]

On 3/13/2020 at 11:15 PM, rifat4393 said:

Wow, it's really a good news for all German citizen who use crypto currency. Now they can exchange crypto currency using their local currency easily. I hope in the future all country will accept crypto currency.

This will slowly be applied by all exchangers in each country. in my country can already exchange bitcoin currency to the country's currency, good news so we don't need intermediaries like paypal.

[malik6314193 5449]

Good to see about that. Slowly every one are accepting crypto currencies. Now global is going to be digital so they need digital currency. Crypto is best one 

[jamesvince 2389]

It is very good news if germen banks going to accept crypto market currencies for payment transfer. It will boost up for crypto market traders and investors because everyone wants some secure position from trading. 

[Upright 2688]

It's nice having countries on which they authorize banks on wanting to render the buying and selling of Cryptocurrencies,as this initiative help to give more boost on the German community on bringing Cryptocurrencies, but it will need more independent adopting to great boost the date of Crypto

[rianpedia 816]

On 3/19/2020 at 1:37 AM, T1mopheyKa said:

Thank you ! broo - friend for this information german-banks-to-manage-cryptocurrencies-in-2020! It will be very ! useful for many users!!! of this site, as well!!! as for beginners, !it is unrealistically cool, good luck! nice !!!

You can benefit from the knowledge presented here, insights on crypto are presented in detail from all countries here.

[Babubu609 0]

On 3/20/2020 at 3:51 AM, Junior01 said:

Actually for third world country have nore problems to tackle,  they are busy in economics and social developments and have no time to learn about such things. And take any step according to cryptocurrency. 

They don't always have time they always focus on both directions to make thing clear and self explained

[tienda 8776]

Yes is a good news if will be realized in the future and European countries are the pioneer in interesting in anything about cryptocurrency and also they have surprised about the ability of Blockchain Technology.

[johant123 1559]

On 3/19/2020 at 6:12 PM, Mrrixkhan said:

this was a good news for all world but now corona has down all the prices of crypto and every one lost all things in the mean time,Thanks for being here and for sharing.

But that is true about traditional investments as well. And for some investors, this is the perfect time to talk to their bank to see what they can offer.

 

If you read German (a minority here, I guess) you can find that there already is a very active crypto community in Germany, in which (new) banks also aim to play their part.

[johant123 1559]

8 minutes ago, Metsik0 said:

That's great news for crypto world. Germany choose the right way and the good crypto policy! So far, all this has not been implemented, but they are trying... I don't believe this news can be fake?? We just need to give more time and be patience, yep?

Not implemented? There are already a few banks that offer financial products based on cryptocurrencies in Germany. At this point it seems they're mainly targeting larger investors, but I am sure that will grow in the near future.

However, I think these products are only really useful if you have a banking account in the Eurozone (or even better, in Germany).

[Treat1234 0]

3 hours ago, Jump said:

That was a great and good news because now many people will use the cryptocurrency and at the same time the price will increase rapidly and gives a good market value and profit again.

This shows that the cryptocurrency is gradually increasing, this will bring more aspect of cryptocurrency to have a better means of getting more known to many people as the technology is advancing

[Thekingcallme 1975]

It is a good idea for German banks to support cryptocurrencies and start combining them with their payment systems

[magd 5231]

Yes, that is correct, and a decision was recently issued to allow the use of Bitcoin ATMs in stadiums to attend matches and pay with encryption. This is a great step to introduce encryption more strongly to the European continent. We need the support of all countries for cryptocurrencies.

[pablomarwan 3082]

Based on these news, I say it is a useful step to bring more dealers in cryptocurrencies, as it is considered as Norway. While some developing countries, as I said, are still following the misguidance of the major countries, I don’t think that they will take this step in the coming years.

[Shaza Ahmad 1682]

You are right, the developed countries like Germany, Switzerland and Sweden are looking for suitable ways to legislate the cryptocurrencies in their countries while the third world countries are mired in their problems away from every development.

[Rezort 846]

More European countries should actually look at how Germany is making moves to the cryptocurrency market and improving the life for those who work with crypto there.

[Zaino34 0]

This will be good for digital currencies and coding needs more of these decisions, but is this news true because I know that banks are fighting digital currencies and do not support them I hope that this news is correct and that such decisions are made in other countries

[Omar Ommeish 4872]

Yes, developed countries are moving towards cryptocurrencies, but the third world countries are still unaware of the importance of crypto in the economy.

[BTC Future 3946]

The undeveloped countries have many problems to take care. They need to built infrastructure, education, healthcare before. But they also need to improve their economy. They might find that cryptocurrencies can be of help and perhaps they can promote the blockchain technology in their economic and industrial sectors to reduce costs and create a transparent financial environment. This way there will be less corruption and money will be allocated directly to the targets they set.

[Mohssine 1725]

This is a great new , because when the big country like Germany support cryptocurrency , this is encouraging the other countries to do the same , and this will make many people trust cryptocurrency and investing in it , and this will growing this world of cryptocurrency.

[TimopheyKa 3900]

Yes, I have heard about the release of cryptocurrency in various European banks, and its relevance in the future. I think this will play a big role for us, as well as for the development of cryptocurrency in the future!

[gourav789 2834]

this is pretty well to heard that government itself manage crypto currency .  this is really leave a positive effects on Crypto market , hopefully Crypto is accepted worldwide and everyone used it freely whatever we need. 

[Moaz 7239]

It is good news for cryptocurrency users in the world, and I hope that this decision has already been applied in Germany, I think Germany and the rest of the European countries will be among the first country to recognize Bitcoin