Nimiq Acquires 9.9% Stake in Germany’s WEG AG to Become Bank’s Third Crypto Firm Owner

Browser-based blockchain payments system Nimiq has acquired a 9.9 percent stake in Germany’s WEG Bank AG. Browser-based blockchain payments system Nimiq has acquired a 9.9 percent stake in Germany’s WEG Bank AG, according to an official announcement published on April 3. The stake acquisition comes as part of Nimiq’s new strategic partnership with WEG Bank […]

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Food Tech Giant Bühler Reveals ‘Blockchain-Ready’ Tools to Combat Salmonella and E. Coli

Swiss food technology giant Bühler introduced two “blockchain-ready” food safety products. Swiss food technology giant Bühler introduced two food safety products that can potentially integrate blockchain at the Microsoft booth at the Hannover Messe industrial event in Germany on April 1. The company reported the news in a press release published the same day. The […]

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Corda Blockchain Trade Finance Platform Marco Polo Sees First Transactions

Industrial trades leveraged the blockchain-based platform, with goods changing hands between Germany and China. Blockchain consortium R3’s trade finance platform Marco Polo has completed its first real transactions, a press release from Commerzbank, one of the participants, confirmed on March 28. Marco Polo, which is built on R3 enterprise blockchain platform Corda, successfully facilitated a […]

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Börse Stuttgart, Axel Springer to Jointly Launch Crypto Trading Venue

Germany’s second largest stock exchange, Börse Stuttgart, is partnering with European digital publishing titan Axel Springer to launch a blockchain-powered crypto trading venue. Germany’s second largest stock exchange Börse Stuttgart is partnering with European digital publishing titan Axel Springer and its subsidiary Finanzen.net to jointly launch a blockchain-powered trading venue. The development was announced in […]

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German Gov’t Says Blockchain Can ‘Support Europe’s Unity at a Fundamental Level’

Germany’s Federal Office for Migration and Refugees has found that blockchain has far-reaching potential to improve asylum procedures at a national and pan-European level. Germany’s Federal Office for Migration and Refugees (BAFM) has found that blockchain has far-reaching potential to improve asylum procedures. Following a successfully completed proof-of-concept (PoC), the findings were published on March […]

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Bayer’s Agricultural Division Partners With ConsenSys-Backed Startup BlockApps

Bayer CropScience, an agricultural arm of Bayer pharma giant giant, has worked with ConsenSys-backed startup BlockApps since 2018. The agricultural division of pharmaceutical and life science giant Bayer AG, Bayer CropScience, is collaborating with ConsenSys-backed Blockchain-as-a-Service (BaaS) startup BlockApps. BlockApps revealed the news to Cointelegraph on March 22. Germany-based Bayer CropScience has been working on […]

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US Sanctions Moscow-Based Bank Accused of Financing Venezuela’s Controversial Petro

The U.S. Treasury has sanctioned Moscow-based bank Evrofinance, claiming it was the main international bank that helped finance Venezuela’s controversial oil-backed crypto. The United States Treasury Department has added Moscow-based bank Evrofinance Mosnarbank to its sanctions list, alleging it was the “primary international financial institution willing to finance” Venezuela’s controversial national oil-backed cryptocurrency, Petro (PTR). […]

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