GERMANY: FINANCE REGULATOR SAYS 6 INSTITUTIONS INVOLVED IN CRYPTOCURRENCY

From: Bitcoinist

Six financial institutions in Germany are already “dealing” in cryptocurrency in some form, the country’s finance ministry has confirmed.
BAFIN CONFIRMS CRYPTOCURRENCY ‘DEALING AND POSSIBLE ACQUISITION’

Responding to an inquiry from Thomas Lutze — a member of left-wing populist political party The Left — the Federal Financial Supervisory Authority (BaFin) confirmed that cryptocurrency activity is ongoing in institutions under its jurisdiction, Reuters reported.

BaFin’s response related to the “dealing in or possible acquisition of” cryptocurrency, but did not name the banks or related entities involved.

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