Germany will approve the issuance regulations for "crypto stocks."
ChainCatcher news, this week, the German Ministry of Finance announced the "Future Financing Act," which mentions the digitization of capital markets and the use of blockchain technology to enable the digitization of stocks. The new legislation will provide a regulatory basis for the issuance of "crypto stocks."On April 5, Patrick Hansen, Circle's Director of EU Strategy and Policy, explained the concept of crypto stocks: publicly traded companies can choose to issue stocks in the form of traditional shares or electronic shares. These electronic shares can be registered in a central registry or on a blockchain, resulting in "crypto stocks." He also added that under German law, the issuance of tokenized bonds and certain tokenized funds has already become possible. Although stocks do not directly involve the crypto market, it represents a step forward in the tokenization of real-world assets. (source link)