All posts by ABechtel
Has the mystery surrounding Satoshi Nakamoto been solved?
By Alexander Bechtel The New York Times claims to have solved the biggest mystery in the crypto world and identified Adam Back as Bitcoin’s creator, Satoshi Nakamoto. Nakamoto owns over a million bitcoins worth around $80 billion, though they have never been moved. When two-time Pulitzer Prize winner John Carreyrou publishes a new investigative report,…
The quantum dilemma: Bitcoin faces a cultural test
By Alexander Bechtel For Bitcoin, the race against the first quantum computer is much more than a software update: it is a decision about whether to abandon the principles of immutability and decentralization for the security of billions in assets. It is a technological race whose outcome will determine the fate of assets that in…
A day in the tokenized economy
By Alexander Bechtel and Nayara Callegari How tokenization could change our everyday lives in the future. Tokenization aims to increase the efficiency of global financial markets by bringing money and securities together as digital tokens on the same infrastructure, enabling transactions to be carried out step by step without the need for constant data reconciliation….
(When) Will the digital euro be launched?
By Alexander Bechtel and Jonas Gross The introduction of the digital euro is delayed. Now, for the first time, the European Parliament has presented a concrete timeline. On the journey toward the digital euro, Piero Cipollone and Fernando Navarrete are essentially sitting in the same boat – yet they’re steering in opposite directions. While Cipollone,…
The US regulates stablecoins for the first time – what now, Europe?
By Alexander Bechtel and Anja von Rosenstiel The USA has created a regulatory framework for stablecoins for the first time in order to secure the leading role of the US dollar. Despite MiCAR, the EU lacks the political will to support stablecoins. If there was a word of the year in the market for digital…
Bitcoin Reserve: Genius move or costly mistake?
By Alexander Bechtel and Jonas Gross In March 2025, U.S. President Trump signed an Executive Order to establish a Bitcoin reserve, marking a major shift in how nations view and approach Bitcoin. The order aims to position the U.S. as the “crypto capital of the world.” It also states that a Strategic Bitcoin Reserve should…
Trump’s crypto policy triggers dispute between ECB and EU Commission
By Alexander Bechtel The ECB and the European Commission are wrestling over the future of stablecoin regulation. It is also about the digital euro – and whether Europe is promoting innovation or slowing itself down in the race for digital sovereignty. The European Central Bank (ECB) and the European Commission are not known for discussing…
AllUnity: the new stable standard
By Alexander Bechtel and Simone Conti DWS, Galaxy Digital and Flow Traders launch AllUnity, a new euro stablecoin to promote the on-chain economy. This regulated stablecoin is intended to offer a trustworthy alternative in the global US dollar-dominated stablecoin market. One of DWS’s core convictions in the area of digital assets is that significant parts…
Strategic Bitcoin reserve: Trump makes Bitcoin a state affair
By Alexander Bechtel With a new executive order, Donald Trump is creating a strategic Bitcoin reserve for the USA. A smart move against geopolitical rivals or just politics for crypto bro’s? Donald Trump remains true to his style. After just under two months in office, he continues to sign one executive order after another. On…
How Trump’s memecoin became a cash cow
By Alexander Bechtel and Maximilian Vargas With his memecoin, Trump could profit twice: In addition to collecting millions in trading fees, companies close to Trump also control tokens currently worth around 14 billion US dollars, which are gradually being released. Shortly before his inauguration, Donald Trump caused quite a stir: The now incumbent US president…