RATE Group | Crypto and Blockchain News From German-Speaking World: Oct. 20-26
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Crypto and Blockchain News From German-Speaking World: Oct. 20-26

Crypto and Blockchain News From German-Speaking World: Oct. 20-26

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The German-speaking world has seen an array of crypto and blockchain-related developments over the past week, with the Federal Ministry of Finance concluding that cryptocurrencies are hardly involved in money laundering and terrorist financing (TF), Bitwala integrating a feature for automatically generating cryptocurrency tax reports, and  the Graz startup Lab10 Collective developing a more energy-efficient blockchain.

Below is the past week of crypto and blockchain news in review, as originally reported by Cointelegraph auf Deutsch.

Risk analysis by the Federal Ministry of Finance: Crypto is hardly involved in money laundering and terrorist financing

Under the auspices of the Federal Ministry of Finance, 35 authorities from the federal and state governments took part in the first national risk analysis in the area of ​​combating money laundering and terrorism financing, which was initially launched in December.

According to the analysis, the use of crypto assets in such illicit…

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