Germany & Austria Fund a Bitcoin Financial Crime Research Project
A bilateral research initiative sees Germany and Austria funding the project which is focused on organized financial crime specifically committed with virtual currencies. The project, titled ‘BITCRIME’ will see funding from the German Federal Ministry of Education and Research (BMBF) and the Austrian Federal Ministry for Transport, Innovation and Technology (BMVIT). The project will see a total of €2.4 million (approx. $2.75 million) and will span a total of 25 months. Citing the growth of the use of virtual currencies which are independent of central banks or other authorities, the....
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The Austrian and German governments are funding a research effort focused on the use of digital currencies in organized crime. Dubbed ‘BitCrime’, the initiative is backed by a number of governmental agencies in the two countries, and is split into two sub-projects. The German sub-project is primarily supported by the German Federal Ministry of Education and Research, and has a budget of €1.8m (roughly $2m). Other supporting institutions include the country’s Federal Criminal Police Office, the University of Münster, and a number of federal offices dedicated to law enforcement and financial....
Swiss fintech firm Leonteq has introduced its digital asset products in two neighboring jurisdictions, Germany and Austria. The company is launching its crypto offering with the help of a Frankfurt-based bank and in response to interest from institutional and private investors. Leonteq Provides German and Austrian Investors With Exposure to Major Cryptocurrencies Leonteq is presenting an extensive range of products to investors in Germany and Austria after a successful expansion in its home market, Switzerland. It offers exposure to a total of 18 crypto assets, including bitcoin (BTC),....
After law enforcement agencies from Austria, Bosnia and Herzegovina, Germany, and the United Kingdom met in December to plan an operation against the cybercriminal group DD4BC (Distributed Denial of Service – DDoS – for Bitcoin), an official with Europol has told Bitcoinist that Bitcoin, and other crypto-currencies, is playing an increasing role in all criminal activities. The UK Metropolitan Police Cyber Crime Unit (MPCCU) found key members of the criminal organization in Bosnia and Herzegovina leading to “vital information.” Activities were coordinated among law enforcement in Australia,....
After the launch of its product for Swiss investors, who expect a positive development in the price of Bitcoin to trade transparently on the SIX Swiss Exchange for the first time, Swiss bank Vontobel has extended its certificate on Bitcoin to Germany and Austria. According to Heiko Geiger, its head of public distribution Europe, the tracker certificate offers investors a simple means of investing in the digital currency and the possibility to participate in the development of its price in USD, without having to own Bitcoins themselves. He says to Cointelegraph: “We see a huge interest in....
Swiss-based financial firm Leonteq have launched an investment suite of 18 crypto assets with an inherent focus on institutional investors throughout Germany and Austria. Following the successful expansion of its cryptocurrency service within its homeland of Switzerland, fintech firm Leonteq has now launched a collaborative effort with ICF Bank — one of Germany’s leading securities trading banks — to bring crypto to institutional investors throughout Germany and Austria.Well regarded for their accolades in the Swiss markets, including being the “world’s first short tracker certificate on....