Yes, that's right, it seems doubtful. Germany is indeed against ico, I have experience with ico in 2018 where all ico from germany cannot be trusted. maybe this is not relevant and the news can't be seen until there is real evidence in the public
Don't take the news wrong about what happened in 2018 because at that time almost all ICOs became scams because the market at that time was not very supportive of creating new projects because they were in a big correction.
Scam projects won't be easily gone in crypto but atleast they have been minimized this year. And if this news is a legit, then we should be more thankful to Germany because it will definitely boost the crypto market and may see good price increase once this investment will take place. Bull run might be earlier this time once this huge investment will be made in crypto.