Quote from: Bitcoin_Arena on Today at 10:31:45 PM

Quote from: MusaMohamed on Today at 12:18:23 PM

Germany are against ICO and they don't have easy regulations for cryptocurrency market.

But there is a difference between and ICO and an established cryptocurrency like Bitcoin. An ICO is way of funding a crypto start up. So they could be totally against ICOs not totally against cryptocurrencies.

Anyway regardless, such news never excites me. Whether they join or not, the crypto markets will still continue to grow as time goes by.

It says from the article that those members of Spezialfonds have the option of allocating maximum of about 20% of their portfolio to crypto. Now, we don't know what kind of crypto investments are they talking about here. And it depends on their financial managers where they will invest that amount and to what kind of crypto investments. But it is already good news because it means, some will buy more btc or any crypto in their portfolio. Though not all may not avail this option, but it may create impact in the btc price as it is giving positive vibes towards crypto.