Post
Topic
Board Bitcoin Discussion
Re: German fund positioning law allows investment in cryptocurrencies
by
KeychainX PRO
on 03/07/2021, 12:56:58 UTC
This shows a good trend related to passing legislation that does not harm our industry. Adoption is already at such a level that regulations in countries around the world will move very quickly, hopefully like in Germany or Salvador and not like in China.


This is very good news and I understand from Coindesk news that this law has actually come into effect already.

This would definitely increase the adoption of Bitcoin in the EU and also other countries would hopefully imitate the same in their law as well. Also, the legal recognition of Bitcoin could soon pave the way to cryptocurrencies becoming the next legal tender and thereby fulfilling Sotoshi's vision