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abpay will enable retailers to easily and securely accept bitcoin payments without having to deal with cryptocurrencies themselves. In doing so, abpay will guarantee retailers always the fixed pay-out amount in euro without any exchange rate risk and will be suitable for online shops as well as in-store shops and restaurants.
Smartwallet will allow private customers to receive, exchange, store and send all kinds of fiat, crypto and digital currencies. To this end, smartwallet will offer a simple and easy-to-use interface that integrates all currencies and helps users to carry out their everyday financial transactions easily and securely - in whatever currency.
The Bonn Regional Court has once again ruled in favor of savedroid AG in the first instance of the third enforcement proceedings against the unlawfully acting former ICO escrow and imposed a penalty payment of 25,000 Euro or, in the event of non-payment, compulsory detention based on a daily rate of 200 Euro, which would correspond to a total of 125 days of imprisonment. According to the court ruling, the ex-escrow of savedroid AG's Initial Coin Offering (ICO), who is unlawfully withholding cryptocurrencies with a current market value of app. 50 million Euro, has until October 15, 2025, to transfer the cryptocurrencies to avoid the aforementioned penalty measures. The Bonn Regional Court has thus once again followed the argumentation of savedroid AG, a wholly owned subsidiary of Advanced Bitcoin Technologies AG, even though it decided to enforce the application for coercive measures of compulsory detention for the time beeing in the form of a penalty payment.
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