Marketplace Bitcoin.de registers with Germany's financial regulator BaFin
Bitcoin Deutschland GmbH has received confirmation that, from 7th August, it will be registered with BaFin, Germany's Federal Financial Supervisory Authority. The company operates bitcoin.de, a marketplace where people can exchange fiat currencies for bitcoins (and vice versa) with each other. Bitcoin.de has an arrangement with Fidor Bank, which means it is licensed to operate as a 'finance intermediary' while Fidor Bank bears the liability for bitcoin.de's operations. Stefan Greiner, of Xenion Legal, said: "This arrangement, as such, is nothing special as thousands of so-called....
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