German Banks Now Legally Deal With Crypto

[Raqeebzy 6456]

I am not sure of this news a bit though it is more than 6 months old, there is no single development about it. Might be better if the OP added a source; at least there should be one. 

I don't think German banks accepts totally trading bitcoin or other cryptocurrency. The EU has a whole have some restrictions against cryptocurrency.

[matias estigarribia 1605]

What good news! The first world countries would have to follow in the footsteps of Germany since in the future cryptocurrencies will have a fundamental function in the world economy. Unfortunately in my country we are very far from this happening, we still cannot solve very basic problems.

[Sarahden111 1231]

Germany is one of the twenty largest economies in the world, and therefore it is logical that its economy is open It accepts all new markets, including the Crypto Market, trading in it is normal, and withdrawing and depositing currencies is done with ease, as it has provided Bitcoin ATMs to facilitate this for traders or investors.

[saradz 2259]

7 minutes ago, Raina KH said:

Thank you for sharing this wonderful news about the German officials legalizing cryptocurrency. It is indeed a high time,that people realize the values of cryptocurrency and start to make a living out it. The German government would now be a role model to all the countries who have second thoughts on legalizing cryptocurrency. 

@Raina KH Good, Germany taking a decision like this would strengthen Bitcoin and cryptocurrencies more, and the United States of America also began to consider cryptocurrencies as units of payment, yes, it is the future of cryptocurrencies.

[VijithaVarghese 1994]

This is a big win for the cryptocurrency world. The legal acceptance of currency is quite important in the financial success matter. I really think this would work well and motivate a lot of government to adopt it into the world financial market.

[setifien 1016]

Banks are trying to be updated with the financial changes that are happening and they try their best to get the max profit from such new & fresh sphere, but it's a good step for both crypto community and for btc as it gains trust and adoption

[Froshk 1828]

These is definitely a very positive development in the world of crypto currencies, the German economy is one of the strongest in the world, Now accepting btc as a transaction means is a great news

[M.bello 1015]

Wow am happy to her is news is a nice idea if other country could adopt this process it will really create job opportunities for those who are not working, at least it could help others earn their daily income and it will help you in the future 

[teebasas 3018]

I find it hard to believe this news because we know that the conflict between governments and digital currencies will last long though I believe very soon they will start to work and accept these digital currencies and people will increase their use in those countries.

[Serbberq 724]

This is great new and progress to cryptoworld, we hope to see more government around the world to start accepting cryptocurrency and allow other financial institution to start accepting bitcoin and other cryptocurrency in their payment system. 

[Syriana 350]

This is really good and really good and happy news because if this is done, it will open new investments and exchange movements and open the market for bitcoin strongly and the currency will witness a very strong rise so we have to prepare well for the future and work for our bitcoin.

[Arratee877 272]

Very great news to crypto users and it's a development to the world of crypto currency been legalized in one the strongest economic country. This will further speed the adoption of crypto currencies by some countries due to the influence of Germany. It will also increase the demands for bitcoin making it rise higher 

[The Game 2059]

It is a good news, Germany are among the giant of Europe and these development been made by there government is for the betterment of there citizens who will have freedom in trading with crypto currency without any restrictions, am very happy for my german friends over there and it is an indication that very soon most countries will follow the footstep of Germany in adopting it into there system of government. 

[m7md 0]

The official adoption of cryptocurrencies by countries facilitates the work and circulation of these currencies for people by adding new job opportunities for them, which makes the economy better and develop. 

[DC71 169]

This is good initiative taken by German banks that accept cryptocurrency. It is good news for cryptocurrency user in Europeon  countries. We hope some other countries also accept cryptocurrency and their banks are accept cryptocurrency as a payment method for their account holders

[Naseer Ahmad78 721]

It is very good for us and cryptocurrency that German banks are allowing in the legal way to work in their country,I am very happy because a lot of countries are allowing cryptocurrencies to work and making it very appreciable and I expect the cryptocurrency future to have a best platform globally.

[RoyalHouse01 9]

I am wondering how the banks can deal with the coins and how they can control the world of the cryptocurrency I think we should not allow them use take hold of the coins.

[Harbeeboullah 428]

Kudos to  Germany and I hope all other countries too can copy this biggest achievement from Germany so that things will be much more easy for the members of the forum legalizing cryptocurrency all other will improve digital currency trading and technology too.

[Ahmad ah 1212]

Yes my friend, many governments, like the German and Canadian governments, etc. It allowed businesses and citizens to deal with digital currencies. It appears that most global governments will follow this approach because the future is moving in the direction in which digital currencies are heading. Digital currencies will become the main currency in global commercial transactions.

[Abbay4u 573]

If truly this new is real and accurate it a very good development in the world of cryptocurrency. I want to congratulate my people from Germany and also encourage others countries of the world to emulate this and give free trade in cryptocurrency and allow local financial institutions to allow trade.

Edited December 29, 2020 by Abbay4u
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[karam_s 412]

In fact, it is a great step and may open many ways, and it is great to know that digital currencies have become official and legal to deal with them

 

[Rozy 1918]

Germany is very strong country and wise one too , it is financially stable and it is clear why. While many countries had sanctions on crypto and try to forbid it in every possible way , Germany is opening wide doors in front of it , there is no doubt that the countries which adopt Crypto will develop its financial system in a better way.

[Robert William 590]

That's a good news for me. As we know Germany have a good economic growth and one of the First World Countries so I guess the implementation of crypto currency is a good move for them and us.

[Garion hirao 550]

Its a good thing to know that this day cryoto currency are more popular now and more country are opening there mind in crypto currency business/market i hope legalising crypto is one of the perfect move

[Ameralsamt 2558]

If this is true, it means it's the second blow and the basic affection for cryptocurrency fame, after PayPal accepts bitcoin, it's the second start to the peaks, it's really great, I expect soon to accept a big international cryptocurrency.