World Map: Germany

Huge interest in the blockchain, the absence of tough regulations and the emergence of hundreds of crypto events.

Crypterium
Feb 26 · 3 min read

National Strategy on Blockchain and Crypto

Europe’s largest economy joined the hype over cryptocurrencies a while ago as it deployed blockchain in many industries. Currently, the government is launching a process that will make up a comprehensive blockchain strategy in the near future.

No Taxing on Bitcoin

When it comes the flagman of cryptocurrencies — Bitcoin, the German Ministry of Finance announced that it has no plans to tax its users.

Young Germans are Curious for Crypto

There are no specific regulations on crypto in Germany whatsoever but the interest in it is staggering, especially among the young citizens. According to the German consumer centers of Hesse and Saxony survey from November 2018, 28% of Germans (age range 18–29) indicated interest in purchasing digital assets.

Summary

Many countries in Europe and not only are looking up to Germany and often duplicate their ways towards new technologies. People and governments regard Germany as an example of success when it comes to the finance industry and economics in general. Many events also happen throughout the country and participation is always high, and other cities are following the suit of Berlin — many fintech and crypto startups appear in Hamburg, Munich, Hannover, Cologne, etc.

Crypterium

Spend your digital assets with the same ease as cash and payment cards. https://crypterium.com/

Crypterium

Written by

https://crypterium.com/

Crypterium

Spend your digital assets with the same ease as cash and payment cards. https://crypterium.com/