German finance ministry calls for regulated blockchain securities market

posted 3 months ago
The German Ministry of Finance has recommended the country recognize blockchain-based securities as a legitimate form of financial instrument and regulate them as such.

The agency said securities can be issued in electronic form and shouldn’t have to be documented on paper, stating “German law should generally be opened up for electronic securities, i.e. the currently mandatory documentation of securities (paper form) should no longer apply without restriction.” Legislation should create a framework for regulating these digital instruments.
Tags: blockchain, news