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(BONUS) German Institutional Funds Will Not Invest Big Bugs in Cryptocurrencies
Startup News Germany, Austria and Switzerland - by Startuprad.io
English - July 19, 2021 00:00 - 31 minutes - 28.9 MBTechnology Business Entrepreneurship Homepage Download Google Podcasts Overcast Castro Pocket Casts RSS feed
(BONUS) German Institutional Funds Will Not Invest Big Bugs in Cryptocurrencies
This is another bonus episode, where we cover interesting – behind the scenes – development in the larger German-speaking tech space. Recently there was a wave of excitement sweeping across the crypto blogs, due to an update in the German Investment Law (https://www.gesetze-im-internet.de/kagb/). The reason: Investments of German institutional funds, since they could – theoretically – invest up to 20% in cryptocurrencies, starting on August 2nd, 2021. Joe gets together with Marco; a specialist lawyer and they talk about what is realistic. Instead of a large wave (theoretical max of ~400 bn €), as many blogs forecast, there may be only a small trickle (likely only millions over time).
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The Specialist
Marco Zingler (https://www.linkedin.com/in/marco-zingler-14b2a390/) is a seasoned lawyer, with almost 10 years of experience in capital markets legislation. He also holds a degree in Finance. He, therefore, spent most of his career as a specialist for regulatory and investment law, covering for example the changes to the new German investment Law.
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The Interviewer
This interview was conducted by Jörn “Joe” Menninger, startup scout, founder, and host of Startuprad.io. Reach out to him: LinkedIn Twitter Email
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Find all the links and show notes here: https://www.startuprad.io/blog/bonus-the-german-institutional-funds-will-not-invest-big-bugs-in-cryptocurrencies/
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