There is currently a lot going on in Germany in terms of crypto. New laws and guidelines concerning Bitcoin and Co. have been in effect since the 1st of January. Banks and financial service providers must apply for a license by the 30th of March.
According to an announcement by the German Federal Financial Supervisory Authority, BaFin is stopping the operations of a company that operates Bitcoin ATMs in Germany. Operators who have submitted an application to BaFin in time will be granted a grace period until October. We probably won’t miss the BTC ATMs in Germany. Possession of a license allows the devices to be officially installed and operated.