Germany's government is considering ways to support Volkswagen , German economy minister and vice chancellor Robert Habeck said on Thursday, when asked about the threat of job cuts at the country's largest carmaker.

Germany’s economy minister and vice chancellor Robert Habeck said Thursday the government has plans to bail out Volkswagen (VW), the country’s leading car maker amidst fear of job losses. This follows news that VW has recently stated a large core brand will have to undergo major cost cuts operating in Germany these difficulties have been blamed on high operating costs,

The German government has shut down nearly 47 cryptocurrency exchanges that it claims failed to implement sufficient identity and KYC to prevent criminal activity.

Germany has shuttered 47 crypto exchanges that it said had links to the "underground economy" and offered unregistered services that had lacking security and anti-money laundering measures.