German Funds' Crypto Investments Will Pose Liquidity Risks. The fund placement law was introduced inApril and soon approved by the country's parliament. In Germany, new legislation enabling managers of the most popular institutional investment funds—the so-called Spezialfonds—to allocate 20% of them to crypto-assets is set to come into force on July 1. Regulators in the US, the UK and Germany have also become increasingly concerned about the potential for illicit activities at unregulated or loosely overseen crypto groups. Market experts estimate that up to $415 billion could flow into crypto assets as a result. Germany plans to allow certain institutional funds to invest billions of dollars in crypto assets for the first time. Germany is changing the rules of the game for institutional funds, the Spezialfonds. The volatile nature of crypto markets will present particular challenges to fund managers that include cryptoassets in Germany’s Spezialfonds that are now allowed to invest up to 20% of their portfolios in crypto, major rating firm Fitch Ratings said. Germany Leads the Way in Opening up to Institutional Crypto Funds. Crypto.com is the best place to buy, sell, and pay with crypto. The law that had been in the works since April this year came into force on July 1, 2021. Coindesk: Proposed Legislation in Germany Could Allow $425B to Flow Into Crypto – April 2021 A new German law could theoretically bring as much as €350 billion (~$425 billion) of institutional investment into the cryptocurrency market, financial newspaper Boersen Zeitung reported. Landmark legislation comes into force in Germany today, giving institutional investors permission to hold crypto assets. Create an account to save your articles. German Spezialfonds can now invest in Bitcoin. Image: Shutterstock Germany’s Next Crypto Move. Law would let billions of euros flow into crypto assets. Without a doubt, something is cooking the german crypto industry. Despite the confusion created by Binance’s new tokens, Germany is set to approve legislation that would allow 4000 Spezialfonds, funds that a low a more lenient regulatory framework and are limited to institutional investors, to allocate up to 20% of their fund to crypto assets. Germany’s crypto-friendly legislation to benefit 4,000 Spezialfonds. This allows thousands of institutions, and therefore German investors, to invest money in crypto such as Bitcoin. With new investment in digital assets, the spezialfonds will become massively bigger. Germany to Allow Institutional Investors to Dabble in Crypto. Wed 11 Aug, 2021 - 8:42 AM ET. Institutional players like pension funds and insurers can access these funds. While it’s not likely that all Spezialfonds would make a crypto allocation, the current yearly return of crypto assets may incentivize many of these funds to build a significant crypto position. When the new regulations become law on July 1, if Spezialfonds (excluding those designed purely for physical assets—around a third) choose to place even a 1% fund allocation in crypto, the impact on the crypto industry would be enormous, he said. Regulation of Crypto Assets for Funds: Germany’s “Fund Location Act” allows funds to allocate up to 20% of their assets in Bitcoin and other crypto assets. Spezialfonds effected currently manage 1.8 trillion euros. The new legislation will enable institutional investors to embrace Bitcoin investments, which was impossible prior … The new legislation allows wealth and institutional investment investment chiefs (called Spezialfonds) to contribute as much as 20% of their portfolio in… Read More Breaking News: Germany passes Bill to allow Hedge Funds to invest in Crypto Currency. Crypto’s rising popularity in Germany. iVE.ONE’s trusted Regulatory … Not surprisingly, Germany is a leader in Bitcoin adoption as various developments suggest. Theoretically speaking, if each Spezialfond prefers to buy 20 percent crypto, they would cumulatively amount to $415 billion worth of crypto purchase. According to Iconic Holding, head of Crypto ETPs, the demand for crypto assets is massive, with assets under management hitting $4 billion in a short period. According to Iconic Holding, head of Crypto ETPs, the demand for crypto assets is massive, with assets under management hitting $4 billion in a short period. Germany: Germany Introduces A New Law That Allows Funds To Invest Into Crypto Assets. Considering Germany is among the biggest economies in the world and its capital, Berlin, has been named the cryptocurrency capital of Europe by industry leaders, the news would … Institutional funds in Germany would be able to allocate a portion of their portfolio into crypto-assets, following a new law that would take effect in August. They can now hold up to 20% of their assets in cryptocurrencies. A new piece of legislation in Germany that enables managers of the most popular institutional investment funds (named Spezialfonds) to allocate 20% of them to crypto-assets is planned to go into effect on July 1st. Litecoin (LTC) is one of largest cryptocurrencies by market … The measure has been hailed as a big boost to Germany’s position as a financial investment hub, and experts believe it will nurture the crypto … There could be a flood of institutional investments coming from Germany starting next week. Institutional Funds to Hold up to a Fifth of their Assets in Crypto According to Bloomberg on Friday (July 30, 2021), The Fund Allocation… Under this law, new and existing domestic special funds (Spezialfonds) are permitted to invest up to 20% of their portfolios in crypto assets, like bitcoin. Germany has passed a new law that would allow thousands of institutional investment funds to invest in cryptocurrency A new law in Germany now permits over 4,000 institutional investment funds to gain exposure to cryptocurrencies. The move could spark massive cryptocurrency adoption in Europe’s largest economy over the next few months or years. Spezialfonds are favored by institutional investors, and interest in them is now exploding, according to analysts. This allows thousands of institutions, and therefore German investors, to invest money in crypto such as Bitcoin. Per the report , the Fund Location Act that takes effect on 2 August 2021 will allow institutional investors in the country to put up to a fifth of their managed wealth into Bitcoin, Ethereum and other … This is all part of the new Fondsstandortgesetz (Fund Location Act), which will enable 4,000 pre-existing special funds, also referred to locally as spezialfonds, to be able to be invested in both Bitcoin (BTC) and Ethereum (ETH). The law was cleared last week by Germany’s federal parliament, the Bundestag, and is set to be rubber-stamped by the country’s Federal Council as soon as possible. Combined, institutional investors in Germany manage a massive 1.8 trillion euros ($2.1 trillion). More than $415 billion is now legally accessible to be moved into various crypto projects around the world. New regulations on crypto assets in Germany will “open the gates” for pension funds to invest in the asset class, it has been suggested. Key result: S-AIFs are legally allowed to invest in crypto assets, but they for the near future will not use this due to internal policies which cannot be changed easily. Germany’s Next Crypto Move. According to the recently introduced Fund Location Act, “spezialfonds,” funds which are open only to institutional investors and are Germany’s primary investment vehicle, are now permitted to invest up to 20% of their portfolios in crypto. A law comes into force today in Germany that could bring new capital to crypto markets.. As per a Bloomberg report from July 30th, Spezialfonds – German investment funds with fixed rules – will be able to allocate as much as 20% of their holdings in digital assets. In Germany, a new law came into force today, potentially opening up an opportunity to invest up to $ 415 billion in the cryptocurrency market. Spezialfonds are favored by institutional investors and the new law allows fund managers to allocate up to 20% of a Spezialfond to crypto-assets. The institutional investment funds, called Spezialfonds, can invest in cryptocurrencies starting July 1. In July, Germany took a major step in the crypto space by passing a law that allows so-called spezialfonds (special funds) to allocate up to 20% of their capital in crypto assets. The German Bundesrat has approved a new piece of legislation – The Fund Location Act – which aims to regulate emerging asset classes for Germany’s finance industry, including crypto assets such as Bitcoin (BTC). 6 months Germany’s New Law Means 4,000 ‘Spezialfonds’ Can Now Invest In Bitcoin . Thanks to him, special funds (Spezialfonds) can invest up to 20% of their portfolios in cryptocurrencies. Thanks to him, special funds (Spezialfonds) can invest up to 20% of their portfolios in cryptocurrencies. Germany Established New Legislation Enabling 4000 Spezialfonds to Invest in Crypto Assets. The fund placement law was introduced inApril and soon approved by the country's parliament. And on the other hand, they must also want to invest in crypto.” On April 22 nd, Germany’s federal parliament, the Bundestag, cleared a new legislation, which enables institutional investment funds – the so-called Spezialfonds – to allocate 20% of their balance to crypto-assets. The news comes in advance of a new German law taking effect Monday that would make it possible for … If all investment funds in Germany (Spezialfond) were to allocate 20% in crypto, that would represent an influx of $415 billion in the market. Fitch Ratings-Hong Kong/London-11 August 2021: Regulatory changes allowing certain German funds to invest up to 20% of their assets in cryptocurrencies could increase demand for cryptocurrencies. In fact, today, July 1, 2021, a German law comes into force that allows “special funds” (Spezialfonds) to allocate up to 20% of their portfolio in cryptocurrencies.In total, this law could unlock around €350 billion, or around $415 billion, of capital from these funds that could … Spezialfonds are German wealth and institutional investment fund managers like banks, insurance companies, pension funds and corporate funds, which currently manages a combined $2.1 trillion in total assets under management (AUM). On July 1, Germany passed a law that allows 4,000 Spezialfonds, popular investment funds, to invest 20 percent of their funds in crypto currencies. Germany has recently enacted groundbreaking legislation that observers say has the potential of mainstreaming crypto investments. The move could start enormous In light of this, experts have predicted that the Bitcoin market may witness a $400 Billion Investment, courtesy of these investors. Here, the law is going in the right direction, and we expressly welcome it,” he said. As much as €350 billion can start entering the crypto market this Thursday after a law passed earlier this year comes into force in Germany. Indeed, cryptocurrency experts in Germany believe this is a step in the right direction. With new investment in digital assets, the spezialfonds will become massively bigger. Germany’s ‘Spezialfonds’ Investing in Crypto Face Liquidity Risk A German law that allows Spezialfonds (special funds) to allocate as much as 20% of their assets to cryptocurrencies could pose a liquidity risk, Fitch Ratings said. Germany to Allow Institutional Funds to Hold up to 20% in Crypto. Germany’s federal parliament, the Bundestag, approved the law, and it is set to be cleared by the country’s Federal Council as soon as possible. In Germany, a new law came into force today, potentially opening up an opportunity to invest up to $ 415 billion in the cryptocurrency market. Hierdoor kunnen duizenden instituten, en dus Duitse beleggers, geld investeren in crypto zoals Bitcoin. With the new ordinance KryptoFAV, the Finance Ministry intends to allow investment funds to issue electronic securities in the form of crypto fund shares listed in a crypto securities register. On 2 August, a German law came into effect that allows Spezialfonds, known as special funds, to hold up to 20 per cent of their assets in cryptocurrencies. Germany has recently enacted groundbreaking legislation that observers say has the potential of mainstreaming crypto investments. New law in Germany has been adopted, permitting more than 4,000 institutional investment firms to invest billions in cryptocurrency assets. Spezialfonds are favored by institutional investors, and interest in them is now exploding, according to analysts. Germany has approved new legislation allowing over 4,000 institutional investment funds to invest billions in crypto assets. A new law in Germany could open up as much as $415 billion in crypto investments. German Spezialfonds can now invest up to 20% of their assets in crypto currency, according to the new law Fondsstandortgesetz (FoStoG), or Fund Location Act, which entered into force on 1 July. How to Buy Litecoin in Germany. As of Monday, a law will let the so-called Spezialfonds (special funds) with fixed investment rules, access digital assets. In July, Germany took a major step in the crypto space by passing a law that allows so-called spezialfonds (special funds) to allocate up to 20% of their capital in crypto assets. In brief New legislation enabling 4,000 Spezialfonds to invest in crypto assets becomes law in Germany on July 1. Coindesk: Proposed Legislation in Germany Could Allow $425B to Flow Into Crypto – April 2021 A new German law could theoretically bring as much as €350 billion (~$425 billion) of institutional investment into the cryptocurrency market, financial newspaper Boersen Zeitung reported. Germany’s ‘Fund Locations Act’ came into force today, meaning that thousands of institutional investment funds will now be eligible to invest in Bitcoin and other crypto assets for the first time. Spezialfonds are favored by institutional investors and the new law allows fund managers to allocate up to 20% of a Spezialfond to crypto-assets. There would be a €360 billion ($428 billion) inflow into bitcoin if these Spezialfonds decided to allocate all of the 20%. In a major development, Germany is working on new legislation that allows institutional investment funds of “Spezialfonds” to allocate 20% of their funds to crypto. The new law allows German ‘Spezialfonds’, or special funds to allocate as much as 20% of their portfolios in cryptocurrency. Considering the total assets under management of all Spezialfonds in Germany, a full 20% allocation would come down to a total of $415 billion entering the crypto market. A new law in Germany now permits over 4,000 institutional investment funds to gain exposure to cryptocurrencies. The new legislations governing German Spezialfonds officially effective starting August 2 this year could potentially result in nearly $415 billion equivalent of investments poured into crypto.. Another law in Germany currently allows more than 4,000 institutional investment assets to acquire cryptocurrencies. … “The addition of crypto assets in Spezialfonds is an important step for their acceptance. The move could spark massive cryptocurrency adoption in Europe’s largest economy over the next few months or … According to Germany’s trade association, BVI, this asset class hovered around two trillion euros during the first quarter of the year. When the new Fund Location Act ( Fondsstandortgesetz ) comes into effect on 1 July 2021, domestic special funds ( Spezialfonds) in Germany will be permitted to invest up to 20 % of their portfolios into crypto assets like Bitcoin. For instance, over 25% of the young Germans surveyed by the German Consumer Center were willing to invest in cryptocurrency. Germany’s crypto-friendly legislation to benefit 4,000 Spezialfonds The Fund Location Act was first bought in April 2021, and subsequently passed in the Bundestag. Crypto assets expert at Germany’s fund industry body BVI Tim Kreutzmann believes that most funds will stay well below 20%. The Fund Location Act, Fondsstandortgesetz (FoStoG), restricts allocation of Spezialfonds in crypto assets to up to 20% of their assets. Crypto.com serves over 10 million customers today, with the world’s fastest growing crypto app, along with the Crypto.com Visa Card — the world’s most widely available crypto card, the Crypto.com Exchange and Crypto.com DeFi Wallet. The new law also allows the management company of a special alternative investment fund (AIF) – Spezial AIF – to invest in holdings of unlisted companies. These funds are estimated to manage around 1.8 trillion euros, or $2.1 trillion. A new German ‘crypto law, Germany’s Fund Location Act that was introduced in April and approved by parliament shortly thereafter, comes into effect today.. Crypto in Germany Goes Mainstream Following the Enactment of ‘Spezialfonds’ Law. In Germany, new legislation enabling managers of the most popular institutional investment funds—the so-called Spezialfonds—to allocate 20% of them to crypto-assets is set to come into force on July 1. In Germany, new legislation enabling managers of the most popular institutional investment funds—the so-called Spezialfonds—to allocate 20% of them to crypto-assets is set to come into force on July 1. In a major development, Germany is working on new legislation that allows institutional investment funds of “Spezialfonds” to allocate 20% of their funds to crypto. | iVE.ONE is an infrastructure that enables banks, corporates, asset managers and investment companies access to a modernised financial market with compliant digital securities and cryptocurrencies. While this is a positive move for the crypto market, other analysts say that German investors are still wary of investing in crypto due to its volatility nature. Dekabank, one of Germany’ largest asset managers, is considering investing in Bitcoin, a spokesman for the firm told Bloomberg today. However, these investors are not deserting the crypto market in Europe, opting in particular for multi-asset products. In July, Germany took a major step in the crypto space by passing a law that allows so-called spezialfonds (special funds) to allocate … In Germany, Spezialfonds or special funds are the leading institutional investment vehicle. Funds can now be used for crypto In July, Germany took a serious step within the crypto area by passing a law that permits so-called spezialfonds (particular funds) to allocate as much as 20% of their capital in crypto belongings. A new law passed by Germany’s parliament in April 2021, will allow institutional investment into the cryptocurrency market. Op 1 juli keurde Duitsland een wet goed die 4.000 Spezialfonds, populaire investeringsfondsen, toelaat om 20 procent van hun fondsen te beleggen in cryptomunten. Crypto in Germany Goes Mainstream Following the Enactment of ‘Spezialfonds’ Law. Contemplating Germany is among the many biggest economies on this planet and its capital, Berlin, has been named the cryptocurrency capital of Europe by business … As much as €350 billion can start entering the crypto market this Thursday after a law passed earlier this year comes into force in Germany. A new law allows "spezialfonds," a favorite investment vehicle for German institutions, to invest in crypto assets for the first time. He said more than €1.2 trillion (approx. In Germany, new legislation enabling managers of the most popular institutional investment funds—the so-called Spezialfonds—to allocate 20% of them to crypto-assets is set to come into force on July 1. Germany’s ‘Spezialfonds’ Investing in Crypto Face Liquidity Risk A German law that allows Spezialfonds (special funds) to allocate as much as 20% of their assets to cryptocurrencies could pose a liquidity risk, Fitch Ratings said. Additionally, some new special funds will also be included. The law that had been in the works since April this year came into force on July 1, 2021. If this law works out as planned and all of the special funds in Germany allocate 20% of their portfolios to cryptocurrencies, it will severely boost the crypto flow in the country. A new law in Germany that allows Bitcoin investment to be made by Spezialfonds came into operation on Monday. Germany is allowing institutional investors to invest in Bitcoin for the first time ever. GERMANY. FAQs: help.crypto.com In July, Germany took a major step in the crypto space by passing a law that allows so-called spezialfonds (special funds) to allocate up to 20% of their capital in crypto assets. Considering Germany is among the biggest economies in the world and its capital, Berlin, has been named the cryptocurrency capital of Europe by industry leaders, the news would seem to … GERMANY. We enable access to digital assets and cryptocurrencies through a reliable, secure platform and infrastructure. This legislation will provide a major boost to Germany’s position in the crypto-financial hub. In Germany, assets held in the specialized funds called Spezialfonds, are the ones to which the new regulations apply. As per a Bloomberg report from July 30th, Spezialfonds – German investment funds with fixed rules – will be able to allocate as much as 20% of their holdings in digital assets. On July 1, Germany passed a law that allows 4,000 Spezialfonds; popular investment funds, to invest 20% of their funds in cryptocurrencies. Theoretically speaking, if each Spezialfond prefers to buy 20 percent crypto, they would cumulatively amount to $415 billion worth of crypto purchase. The measure has been hailed as a big boost to Germany’s position as a financial investment hub, and experts believe it will nurture the crypto … A German law that allows Spezialfonds (special funds) to allocate as much as 20% of their assets to cryptocurrencies could pose a liquidity risk, Fitch Ratings said. Spezialfonds are favored by institutional investors and the new law allows fund managers to … The firms will be able to allocate as much as 20 percent of their portfolios in crypto assets. Without a doubt, something is cooking the german crypto industry. Since June, institutional demand for Bitcoin has come to a serious halt. In fact, today, July 1, 2021, a German law comes into force that allows “special funds” (Spezialfonds) to allocate up to 20% of their portfolio in cryptocurrencies.In total, this law could unlock around €350 billion, or around $415 billion, of capital from these funds that could … Germany’s ‘Fund Locations Act’ came into force today, meaning that thousands of institutional investment funds will now be eligible to invest in Bitcoin and other crypto assets for the first time. The legislation is likely to come into force starting July 1 this year. Cryptocurrencies, meanwhile, are also fully established within German exchange products. Germany Gives Green Light for Institutions to Invest Up To 20% in Cryptos. Sven Hildebrandt, the CEO of Distributed Ledger Consulting (DLC), a Germany-based blockchain consultancy, said the law is a huge deal for the crypto industry. A new law in Germany that was passed through on Thursday will see an astonishing investment of around €350 billion being pumped into cryptocurrency. “On the one hand, institutional investors such as insurers have strict regulatory requirements for their investment strategies. Crypto’s rising popularity in Germany. For instance, over 25% of the young Germans surveyed by the German Consumer Center were willing to invest in cryptocurrency. A law taking effect on Monday will let so-called Spezialfonds with fixed investment rules put as much as 20% of their holdings in Bitcoin and other crypto assets. If all the special funds invest 20% in crypto, nearly as much as $415 billion could possibly flow from other assets into the crypto market. To be precise, 4000 existing institutional investment funds will now be eligible to invest in cryptocurrency. The Fund Location Act was first bought in April 2021, and subsequently passed in the Bundestag. Special funds (spezialfonds) will soon be allowed to invest as much as 20 per cent into crypto assets under new Fund Location Act. iVE.ONE | 1,024 followers on LinkedIn. In Germany, new legislation enabling managers of the most popular institutional investment funds—the so-called Spezialfonds—to allocate 20% of them to crypto-assets is set to come into force on July 1. Germany has passed a new law that would allow thousands of institutional investment funds to invest in cryptocurrency. The new move is intended to attract crypto investments in Germany as the nation lags behind other European nations on the crypto front owing to the ongoing hurdles. Germany’s $ 415 billion law promises a lot of crypto – in the future. A new law in Germany that was passed through on Thursday will see an astonishing investment of around €350 billion being pumped into cryptocurrency. Under the new rules, Germany’s Spezialfonds will be allowed to invest up to 20% of their portfolios in cryptoassets. Specifically, Germany-based institutional funds will reportedly have the ability to hold a maximum of 20% of their assets in digital coins, which could be the foundation that leads to … $1.8 trillion) is invested in spezialfonds and now 0% of that wealth is invested in crypto because the law previously did not allow it. These funds are exclusive to institutional investors and not the general population. As per the announcement: “A law taking effect on Monday will let so-called Spezialfonds with fixed investment rules put as much as 20% of their holdings in Bitcoin and other crypto assets. Dat weerspiegelt zich ook in de manier waarop Bitcoin daar gedefinieerd wordt. Bloomberg reported that Spezialfonds, Germany’s fixed-term investment fund, will soon be able to give 20% of their shares to digital assets. A law comes into force today in Germany that could bring new capital to crypto markets.. This means that they are owned mostly by institutional investors. 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