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32324,000 Institutional Funds in Germany Can Now Invest 20% of Portfolios in Crypto Assets
https://www.digit.info/4000-institutional-funds-in-germany-can-now-invest-20-of-portfolios-in-crypto-assets/
Mon, 05 Jul 2021 14:00:46 +0000https://www.digit.info/2021/07/05/4000-institutional-funds-in-germany-can-now-invest-20-of-portfolios-in-crypto-assets/Read more]]>Around 4,000 institutional funds with almost 2 trillion euros in assets under management in Germany can now invest 20% of their portfolios in cryptocurrency, including bitcoin. The highly anticipated Fund Location Act (Fondsstandortgesetz) went into effect on July 1 in Germany. The German federal parliament, the Bundestag, cleared the legislation on April 22. Under this […]
Around 4,000 institutional funds with almost 2 trillion euros in assets under management in Germany can now invest 20% of their portfolios in cryptocurrency, including bitcoin. The highly anticipated Fund Location Act (Fondsstandortgesetz) went into effect on July 1 in Germany. The German federal parliament, the Bundestag, cleared the legislation on April 22. Under this […]