... So yea, now all we can do is wait for the state to officially allow them.
All I can find about BaFin is just a statement by the current president of it but nothing official, no changes.
I'll check out the documentary thank you!
Bitcoin ATMs are already allowed if you have a banking license from the BaFin.
Buwaytress is completely right.
If you don´t believe him or me, just check out the following article from a few days ago:
https://www.trustnodes.com/2018/06/05/german-banks-right-exchange-bitcoin-ethereum-euros-atms-says-regulatorGermany’s FCA, the Federal Financial Supervisory Authority (BaFin), has clarified that banks have
the right to offer bitcoin or eth to euro exchanges on ATMs.
“Each institute, which has permission for proprietary trading, also has the right to set up machines
that allow the exchange of Bitcoin in euros and vice versa. So far it is not known that this was done.”
The problem seems to be at the moment that many start-ups, who would be willing
to operate a few ATMs, do not have a BaFin banking license. Meanwhile the banks,
who do have a valid banking license, have shown no interest so far in offering this
kind of service.
We can just hope that a bank sees the potential in the idea of Bitcoin ATMs and starts to offer cryptocurrency
transactions at their ATMs. Given the fact that banks are currently having problems to generate profits
due to the low interest rate level, they should really explore new opportunities like this.