Vonovia, a DAX-listed German residential property group, is at the centre of a political dispute in Berlin over a proposal to socialise 138,000 of its rental units. The move could expose the company to a loss of up to 23 billion euros, prompting Vonovia to adopt a cautious public stance.
UK authorities froze $13.5 million in cash after a court order as part of a probe into Sorare, the Premier League crypto sponsor.
A Chinese court ordered the freezing of assets valued at 2.14 billion yuan belonging to Dutch semiconductor company Nexperia, intensifying the ongoing dispute over control of the firm between its owner Wingtech Technology and other stakeholders.
The Irish government plans to launch new tax‑advantaged investment accounts that will favour traditional securities such as stocks, bonds and exchange‑traded funds, while deliberately leaving out cryptocurrencies and derivatives, classifying them as higher‑risk products.
The German tax authority announced that starting in 2026 crypto exchanges will have to follow stricter transparency rules, including the collection of taxpayers’ identification numbers. Non‑compliance, such as not providing a tax number, can lead to a penalty of up to €50,000.
The German tax authority announced that starting in 2026, cryptocurrency exchanges will have to follow stricter transparency requirements, including the collection of taxpayers’ identification numbers. Non‑compliance will be penalised with fines up to €50,000, while some anonymous transactions may still be possible under the new rules.
Swiss wealth managers are calling for a postponement of the beneficial ownership register after a hack in Liechtenstein, citing cyber‑security concerns over the data on the ultimate owners of over half a million companies and entities.
Former executives of Raiffeisenbank Plankstetten sued BaFin, claiming the regulator had unlawfully hindered a supervisory examination. The Frankfurt Administrative Court rejected the claims, upholding BaFin’s actions and ending the legal dispute.
Former executives of Raiffeisenbank Plankstetten sued BaFin, claiming the regulator unlawfully hindered an audit. The Frankfurt Administrative Court rejected the claims, upholding BaFin’s supervisory powers.
The head of the Bank for International Settlements warned that stablecoins are not yet trustworthy enough for large‑scale payment use, citing a recent FSI study that shows significant variation in regulatory requirements for stablecoin issuers across different countries.