Cryptocurrency Q&A
Is trust legal in Germany?｜and German land law does not allow for the transfer of assets located in Germany to a trust. However, such a transfer does not necessarily have to be without effect.Trusts are virtually unknown in German Civil law
Is trust legal in Germany?｜and German land law does not allow for the transfer of assets located in Germany to a trust. However, such a transfer does not necessarily have to be without effect.Trusts are virtually unknown in German Civil law
SakuraSpirit
Sat Jun 08 2024
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7 answers
1721
Could you please clarify the legal status of trusts in Germany? I've heard that German land law prohibits the transfer of assets located within the country to a trust. However, does this mean that such transfers are completely ineffective? Also, it seems that trusts are not commonly recognized in German Civil law. Could you elaborate on this aspect and explain how it impacts the legality and practicality of trusts in Germany?
7 answers
Caterina
Mon Jun 10 2024
Cryptocurrency, a digital asset designed to work as a medium of exchange, has revolutionized the financial landscape. It operates independently of a central bank or administrator, relying instead on cryptography to secure transactions and control the creation of new units.
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BitcoinWizardry
Sun Jun 09 2024
Futures trading is another key offering of BTCC. Through futures contracts, users can speculate on the future price of cryptocurrencies, hedging against potential risks or taking advantage of price movements.
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Sara
Sun Jun 09 2024
The emergence of cryptocurrency has disrupted traditional financial systems, offering an alternative for those seeking decentralized, secure, and transparent transactions. Its global nature allows for seamless cross-border payments, bypassing traditional banking channels.
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DigitalDragon
Sun Jun 09 2024
BTCC also offers a secure wallet service, enabling users to store their cryptocurrencies safely and accessibly. This wallet service employs advanced encryption techniques to protect users' assets from unauthorized access.
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Raffaele
Sun Jun 09 2024
BTCC, a leading cryptocurrency exchange headquartered in the UK, offers a comprehensive suite of services tailored to meet the needs of crypto enthusiasts and investors. Its platform supports a wide range of cryptocurrencies, enabling users to trade with ease and convenience.
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