This must be one of the positive consequence of adopting European union's recent money laundering directives. It seems as per those directives, German laws now may start supporting cryptos as an asset. Still, European countries are not ready to declare bitcoin as a legal tender like how Japan did some 3 years back itself. I believe Swiss government may do that first among Europe countries.

Let's wait and see what are the consequences in crypto space, this news will trigger. This must be a huge positive step stone kind of news as it will encourage bitcoin to be considered as an alternative to gold in banking which means many people will know about bitcoins even they are sticking with traditional banking. I am just seeing clear possibilities for bitcoin to hit million dollar values in near future.