One of the largest banking institutions in Germany has confirmed it applied for a local crypto license earlier this year, marking the first time a major bank has made a move toward cryptocurrencies in the country. A spokesperson from Commerzbank confirmed to local media outlet Börsen-Zeitung on April 14 that it “applied for the crypto custody license in the first quarter of 2022.” If approved it would be authorized to offer exchange services along with custody and protection of crypto-assets. Commerzbank serves over 18 million customers and over 70,000 institutional clients, and the cryptocurrency offering will reportedly target its institutional client base. Since Jan. 1 2020 any business wishing to offer cryptocurrency services in Germany must first seek approval from the Federal Financi...
Germany still need to work on parts of their game before the start of the European Championship, coach Joachim Loew said on Sunday at the end of their nine-day training camp in Austria. The Germans, starting their tournament against world champions France on June 15, play their last warm-up match against Latvia on Monday. The Euros open on Friday. “I cannot fully draw conclusions from our camp just yet because our preparation continues and after the game tomorrow we have a week in Duesseldorf to prepare for France,” Loew, going into his final tournament as Germany coach, told a news conference. Loew has been in charge since 2006 and will be succeeded by his former assistant and former Bayern Munich coach Hansi Flick after the tournament. The Germans also play European champions Portugal as...
RB Leipzig coach Julian Nagelsmann dismissed Liverpool’s performance for last night’s victory over the Germans. Liverpool took full advantage of errors in Leipzig’s defence to go ahead through a quick-fire double from Mohamed Salah and Sadio Mane in the second half. The away win at Budapest’s Puskas Arena puts the Reds in control of the Champions League last-16 tie, but Leipzig boss Nagelsmann was not convinced his side were second-best. “When you win, you’re always right,” he said. “We earned a lot of respect in the 90 minutes. “And what I noticed when I left the field, the Liverpool players did not use the words “deserved victory”. “We were definitely not worse and certainly not by two goals.” Get more stories like this on Twitter You Deserve to Make Money Even When you are looking for D...