Sunday, June 26, 2022
Arover
  • Home
  • Cryptocurrency
  • Economy
  • Technology
No Result
View All Result
  • Home
  • Cryptocurrency
  • Economy
  • Technology
No Result
View All Result
Arover
No Result
View All Result
Home Cryptocurrency

Germany to Introduce Tokenized Mutual Fund Shares

Zachary Pearce by Zachary Pearce
September 8, 2021
in Cryptocurrency
0
Germany to Introduce Tokenized Mutual Fund Shares
0
SHARES
12
VIEWS
Share on FacebookShare on Twitter

The German Federal Ministry of Finance has started a public consultation aimed at gathering feedback on the promotion of tokenized mutual fund shares.

Contact us to be instantly informed about the last minute developments. Twitter and Telegram You can follow our channel.

In this context, feedback can be made until October 1, 2021.

The draft regulation allows mutual funds to issue specified units on the blockchain. A token represents a certain number of shares of a regulated fund. Tokenization offers many important benefits, such as lowering barriers to entry and reducing administrative costs.

The move to introduce tokenized mutual funds is one of the latest indications that blockchain and crypto assets are starting to become legitimate in the wealthiest EU countries.

According to a new German law that came into effect on August 2, institutional-focused funds are allowed to invest in crypto up to 20% of their total assets.


Risk Disclosure: The articles and articles on Arover.net do not constitute investment advice. Bitcoin and cryptocurrencies are high-risk assets, and you should do your due diligence and do your own research before investing in these currencies.

Tags: FundGermanyIntroduceMutualSharesTokenized
Previous Post

deVere CEO Evaluates El Salvador’s Acceptance of Bitcoin (BTC)

Next Post

Famous NBA Star Becomes Global Ambassador of FTX Exchange

Zachary Pearce

Zachary Pearce

Related Posts

Huawei unveils the Nova Y90, a mid-range without big surprises
Cryptocurrency

Huawei unveils the Nova Y90, a mid-range without big surprises

by Zachary Pearce
June 26, 2022
Magimix Cook Expert food processors: which one to choose?
Cryptocurrency

Magimix Cook Expert food processors: which one to choose?

by Zachary Pearce
June 26, 2022
Paribu
Cryptocurrency

Popular Chocolate Brand Mars Inc. Files NFT and Metaverse Trademark Application for M&Ms

by Zachary Pearce
June 26, 2022
Registry of cryptocurrency operators: who is obliged to register?
Cryptocurrency

Registry of cryptocurrency operators: who is obliged to register?

by Zachary Pearce
June 26, 2022
Cryptocurrency

Good deal – The HP Pavilion Aero 13 (Ryzen 5 5600U) 16 GB / 512 GB laptop at € 699.00 (-24%)

by Zachary Pearce
June 26, 2022
Next Post
Famous NBA Star Becomes Global Ambassador of FTX Exchange

Famous NBA Star Becomes Global Ambassador of FTX Exchange

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Browse by Category

  • Cryptocurrency
  • Economy
  • Technology

Browse by Tags

Amazon Analysis Announces Billion Binance Bitcoin black BTC Buy Cdiscount CEO connected Crypto Cryptocurrencies cryptocurrency deal digital economy electric ETH Ethereum finance Friday Galaxy Global warming Good launches Market Metaverse Million NFT plan Price Pro review sale sales Samsung smartphone Space Star stars tech telecoms Test
Arover

Latest News About Crypto Money News , Bitcoin News , Altcoin News And Price Analysis cryptocurrency, Bitcoin, Ethereum, XRP, blockchain, DeFi, digital finance price updates.
Contact Us : [email protected]

Categories

  • Cryptocurrency
  • Economy
  • Technology

Browse by Tag

Amazon Analysis Announces Billion Binance Bitcoin black BTC Buy Cdiscount CEO connected Crypto Cryptocurrencies cryptocurrency deal digital economy electric ETH Ethereum finance Friday Galaxy Global warming Good launches Market Metaverse Million NFT plan Price Pro review sale sales Samsung smartphone Space Star stars tech telecoms Test

Recent Posts

  • Huawei unveils the Nova Y90, a mid-range without big surprises
  • Magimix Cook Expert food processors: which one to choose?
  • Popular Chocolate Brand Mars Inc. Files NFT and Metaverse Trademark Application for M&Ms

© Arover 2021. All Rights Reserved.

No Result
View All Result
  • Home
  • Cryptocurrency
  • Economy
  • Technology

© Arover 2021. All Rights Reserved.