Good News - German Banks To Manage Cryptocurrencies in 2020

[BitMart 326]

Germany is one of most developed country in world so their decsion is very important for world as now most of other countries can follow them which is very positive thing crypto is very vital for many ways so we can hope from other developed countries they will also do legislation for this and bring soft policies like this for more adoption and flexible terms for crypto.

[Brushless4500KV 4214]

This allows German citizens to convert their Euros to cryptocurrency and vice versa or store their crypto with maximum safety but I don't know why most people call this a good news. Cryptocurrency and the banks have been two opposite concepts from the beginning and most people turned to crypto to stop using banks but now they get happy with any news about collaboration between banks and crypto. This will direct crypto towards centralization which is a bad news in my opinion.

[Dimi_00 133]

I can not wait for Libra to launch. The coin is set to work with credit & debit cards and banks as well.

I'm sure the top banks of the world would accept it.

Then people will start using crypto.

[Banito23 216]

That is a nice development to the world of cryptocurrencies. I look forward to see more countries engaging in some useful practices, to bring cryptocurrencies to a high esteem. We still need a Bitcoin ATM card for easy transactions.

[Junaid ashraf 67]

Wow it is incredible news that bitcoin currency accepting other well developed and established countries like Germany. The future of bitcoin currency seems to be very bright and slowly slowly it becomes so popular in all over the world.

[Rogerz 4]

It's good to see Bank now not threat crypto as an competitor, they should think that crypto is just something like gold that people can store them through their service. People will use their service cause they can easily acccess their coins or crypto especially when it comes to converting to the fiat.

[khan22 3478]

On 12/1/2019 at 1:13 AM, Cryptominded said:

I see that as a very good news and sign of better things to follow in the cryptoworld in the year 2020. It's looking like the most advanced countries of the world are taking strategic positions in cryptoworld, whereas the third world and developing countries are busy chasing shadows, what a tragedy - will they ever learn?

 

https://news.bitcoin.com/german-banks-authorized-to-store-and-sell-cryptocurrency-in-2020/

The 2020 is start but still the German Banks will not start to manage the crypto currencies, if the banks is going to be start the cryptocurrencies than it the best and good for the peoples becasue they can easily buy the coins and sell them also and get cash.

[babaji 1228]

I have read about this, and I am very happy about it. I do know that this strategy goes against the European standards of crypto. Europe is very much against crypto same like US, China, so it is very refreshing to see Germany accept crypto going against Europe. 

[Rstunirk 151]

that is great! maybe to bitcoin, I hope the most important engine is that bitcoin deprivation to move out in Europe to be other precious and mortal rewarded the delighted of some countries and peoples.

 

[Interface User 1070]

I just hope that the acceptance will continue to avoid wasting of opportunities in crypto currency. Also as we know Germany is one of the rich country so I guess they have enough technological advancement so the implementation will be easy.

[cryptousd20 141]

It is very good news for German banks to manage the cryptocurrency project and to support it well at this particular time because it is the most important time to rely on cryptocurrencies

[Hanan951 841]

Gray news I we a lot o banks try to get into this field soon as possible theywnt to have their hand o cryptocurrencytoo lol.

[Captain Karim 0]

On 11/30/2019 at 8:13 PM, Cryptominded said:

will they ever learn?

 

I do not think so, while the developed countries are searching every day for developing blockchain technology and benefiting from it, the third world countries are still far away from even talking about this field.

[Joni888 23]

I have some knowledge about German Bank, This is only a case of being bolstered by the legislature in the cryptographic forms of money, this will get greater in light of the fact that numerous individuals are currently going keen on the digital forms of money and it might utilize it for installments and exchanges. 

[Munkhatun 7]

This is big time news for all crypto currencies because when a large country like Germany starts actively working to adapt the crypto currency into their banking system, the affairs of that country move in the right direction for crypto.

[Amdadul11 17]

The good news - German banks have been able to handle cryptocurrency in 2020.  Thank you so much.Thanks for sharing and Its a good for us.   

[Luciferludz 1442]

Wow that's is really great news if the German bank will implement that's, this will the inspiration to others countries to be interested in cryptocurrencies

[Lover840 0]

On 12/1/2019 at 1:43 AM, Cryptominded said:

I see that as a very good news and sign of better things to follow in the cryptoworld in the year 2020. It's looking like the most advanced countries of the world are taking strategic positions in cryptoworld, whereas the third world and developing countries are busy chasing shadows, what a tragedy - will they ever learn?

 

https://news.bitcoin.com/german-banks-authorized-to-store-and-sell-cryptocurrency-in-2020/

Hello my dear friend. Well that's a good very good news to see that now finally one more country adopted crypto currency. Thank you for sharing this valuable information I'll read the article by your given link. 

[CryptoMaxim 2372]

On 01.12.2019 at 03:39, BatR70 said:

Very good news, to see if the other Banks of the European Union do the same.

In any case, sooner or later banks will introduce cryptocurrencies because of its popularity. Since this will be an additional profit for the banking system .

[Beromnia 733]

Welcome with me
I am pleased to read such good news, Germany is very advanced in the field of cryptography, its acceptance of bank management for cryptocurrencies like Bitcoin instead of leaving it in the crypto wallets, a major and first of its kind in the crypto world

[Whited35 15285]

Germany is the best country in the world that officially legalize the cryptocurrency. German banks are seeking the so many possibilities that can be done with the cryptocurrency. I think in 2020 there will be so many German banks which adopts crypto as the Payment solutions. 

[Treat1234 0]

This Isa good sign from german banks to utilize cryptocurrency in their banking system, this will show how effective cryptocurrency will be

[AbdulKhan1033 2]

This good information and good for  bitcoin and the most important thing is that bitcoin need to enter Europe to be more valuable and getting the interest of other countries.

[johant123 1559]

1 hour ago, AbdulKhan1033 said:

This good information and good for  bitcoin and the most important thing is that bitcoin need to enter Europe to be more valuable and getting the interest of other countries.

Crypto currencies are already popular in Europe. In fact, the EU and central banks are studying on introducing their own digital currencies.

 

There are some major exchanges in Europe, and financial institutions are actively promoting crypto as well.

 

The downside ... since this is Europe, they try to regulate everything!

[deepown 0]

6 hours ago, xpertt said:

This is a great news for Germany especially this is a sign for them the their country is adapting to the new innovation. This is a big move for their country and it means that their country is ready to adapt to the use of cryptoocurrency.

Been ready is my main concern, because it involves many things, including containing the threats of crypto to countries economy. My question is how many countries are ready?