The introduction of electronic securities (eWpG) is
just one of such futuristic advances cryptography deserve, a replacement for these paper certificates is needed to ensure a more secure and easily marketable alternative by entering the details regarding these securities on a blockchain-based register, which would provide more hitch free transactions to a larger extent.
The hopeful successful practice would as well rise the interests of other nations which would in turn promote crypto prominence further. The future holds more!
Topic: Is Germany the NEW World’s Crypto Superpower - page 3. (Read 506 times)
"Germany’s Finance Ministry has drafted a bill that will update its legal framework regarding securities.
The bill specifically targets tokenized securities and will bring digital assets closer to traditional financial instruments"
The bill specifically targets tokenized securities and will bring digital assets closer to traditional financial instruments"
Before this bill, Germany was known for being supportive on cryptocurrency when BAFIN release guideline during ICO madness. This only show how Germany accept and embrace the blockchain technology. They are also currently developing there own stable coin using Stellar, If this become successful and approved, They will be the first country that create there own stable coin and used on there own banking system which will be the game changer on financial world. Maybe many major country will follow this lead especially the US which is very slow on processing any crypto bill.
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