
The chief executive body of the German , the Cabinet of , has revealed that the country’s strategy will be introduced by mid-2019. The Cabinet on the development of in the country on Feb. 26, following a request for information from parliamentarians in the Bundestag.
The document notes that sandboxes are currently present in five member states of the : , , the , and the .
The Cabinet states that they will undergo an online consultation process prior to introducing the strategy. Per the Cabinet, the Ministry of Finance and the Ministry for Economic Affairs and Energy are preparing the strategy, with the expectation that other relevant ministries will contribute at a later time.
Earlier this month, Reuters that the German government is already consulting companies and industry groups that could become stakeholders in the country’s development. According to the report, unnamed organizations have been invited to make recommendations.
The report also cites unspecified government sources saying that it is unclear whether those recommendations will translate into in the near future, but concrete results are currently being sought.
At the end of January, Germany’s second largest stock exchange, Boerse Stuttgart Group, officially its crypto- app Bison which enables free-of-charge in (), (), () and ().
In January, major global securities marketplace Deutsche Boerse it was “making significant progress” on its -based securities lending platform.
By Adrian Zmudzinski
Published at Fri, 01 Mar 2019 01:03:42 +0000