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Nord Stream 2: no fast certification

The Federal Network Agency has suspended the certification of the Nord Stream 2 Baltic Sea pipeline indefinitely. First, the operating company would have to be organized according to German law. This could delay operations by another year, legal experts say.

Von Timo Landenberger

Analyse

Nord Stream 2: Keine schnelle Zertifizierung

Die Bundesnetzagentur hat die Zertifizierung der Ostseepipeline Nord Stream 2 auf unbestimmte Zeit ausgesetzt. Zunächst müsse die Betreiberfirma nach deutschem Recht organisiert werden. Damit könnte sich der Betrieb um ein weiteres Jahr verzögern, sagen Rechtsexperten.

Von Timo Landenberger

Feature

Beijing's complicated relationship with crypto

Digital assets and blockchain-based financial services have the potential to cause a major shift in the global financial world. However, Beijing is particularly concerned about crypto mining due to its high power demand. The leadership is announcing new measures against mining and threatening to raise prices. But Beijing can't quite let go of digital currencies – and continues to allow companies like Huobi to participate in the crypto boom.

Von Frank Sieren