Germany Introduces New Rules on Crypto Funds
— Securities, Funds, Electronic, Fund, Crypto, Units, Regulation, Introduces, German, Investment — 1 min read
Germany has introduced a new regulation on crypto fund units (Verordnung über Kryptofondsanteile – KryptoFAV) The new rules come less than one year after the Fund Location Act (Fondsstandortgesetz) allowed institutional investors to invest in crypto assets. With these regulations, Germany has taken a leading role in the EU in the regulation of crypto funds, enabling both fund sponsors and professional investors to leverage modern technology in their investments. But experts in the German fund world expect the new quota to be used in the medium term (over the course of the next five years) to a single-digit percentage of the investment. Given the investment volume of German special funds, this is a market with massive growth potential. Source