Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

>Inter alia the following conditions must be met:

-Initial capital of 730.000 Euros

-Management must be professionally qualified

-A detailed business plan must be submitted

-Capital adequacy standards must be met

-AML mechanisms must be implemented

-Reports must be submitted to BaFin regularly

Well...are there any bitcoin exchanges that meet those requirements in Germany?



bitcoin.de has some sort of cooperation with a German Bank:

https://blog.bitcoin.de/en/bitcoin-de-und-fidor-bank-ag-vere...

    As from the start of the cooperation, which will be
    activated upon the registration with the German Federal
    Financial Supervisory Authority, Bitcoin Deutschland GmbH
    will become Fidor Bank AG’s so-called “tied agent” to
    conduct the bitcoin trading for Fidor Bank AG on
    bitcoin.de.
That might help them with most of these things.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: