Did Germany ban cryptocurrency?|Germany is one of those countries that recognize licensed cryptocurrency exchanges and wallet providers as part of the financial services industry, although . The German Banking Act also allows banks to custody crypto.there is no specific crypto use regulation
Could you please elaborate on the status of cryptocurrency in Germany? It's mentioned that Germany recognizes licensed cryptocurrency exchanges and wallet providers, but is there any ban in place regarding the use of cryptocurrencies? And given that the German Banking Act permits banks to custody crypto, does this mean there are no restrictions on the usage of cryptocurrencies within the country? I'm curious to know if there are any specific regulations governing the use of crypto in Germany.