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cryptomang 2020-12-21 17:14:00

The German government has passed a new law introducing fully electronic securities as part of the country's broader blockchain strategy

The report says, the paper certificate will currently be “replaced with an entry in an exceedingly central securities facility or a register kept by private-sector banks.” The report additionally speculates that this implies “an entry in a crypto securities register supported blockchain technology is now also possible.” German governing body says the law would offer legal clarity and enhance the potential of the new technologies.

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