Germany’s crypto law: Banks are now able to sell and store crypto assets

Germany’s crypto law will now allow banks to store and sell crypto assets in 2020, strengthening the nation’s position as a pro-crypto country. Germany’s crypto law allows banks to offer crypto custody German business newspaper Handelsblatt reported that financial institutions in the country would soon be able to provide crypto custody services as well as sell digital assets. German federal parliament has passed a new law that is expected to be implemented in 2020 across 16 German states. The fourth EU Money Laundering Directive would reinforce the nation’s position as one of the forerunners in blockchain adoption. Up till now,