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Germany to Approve ‘Crypto Shares’ Issuance Regulations

Germany has approved the issuance of "crypto shares" under its new Future Financing Act. Public corporations can now choose to issue their stocks as conventional or electronic shares, which can be registered on a blockchain to create crypto shares. The new legislation aims to bring together regulations from corporation laws, capital markets, and tax laws. Germany has been regarded as one of the most crypto-friendly nations in Europe, and its open-minded regulations are seen as a "breath of fresh air" compared to the ongoing crackdown in the US. Earlier this week, Germany's second-largest stock exchange, Boerse Stuttgart Digital, received a license for a crypto custody business.

(By Martin Young)

Germany Blockchain
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