05-23-2021, 05:48 AM
Keep Calm and Wait 1 July for $425 billion
<!-- SC_OFF --><div class="md"><p>In Germany, new legislation enabling managers of the most popular institutional investment funds—the so-called <strong>Spezialfonds</strong> allocate 20% of them to crypto-assets is set to come into force on July 1. </p> <p>$1.8 trillion is invested into Spezialfonds so ; Theoretically, up to $425 billion could enter the crypto market from Spezialfonds alone </p> <p>And after this move many other europe countries will follow Germany. Selling in panic right now is would make u regret after this.</p> <p>​</p> <p>Source : <a href="https://www.coindesk.com/proposed-legislation-in-germany-could-allow-425b-to-flow-into-crypto-report">https://www.coindesk.com/proposed-legislation-in-germany-could-allow-425b-to-flow-into-crypto-report</a></p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/mesutdmn"> /u/mesutdmn </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/nita1i/keep_calm_and_wait_1_july_for_425_billion/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/nita1i/keep_calm_and_wait_1_july_for_425_billion/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>In Germany, new legislation enabling managers of the most popular institutional investment funds—the so-called <strong>Spezialfonds</strong> allocate 20% of them to crypto-assets is set to come into force on July 1. </p> <p>$1.8 trillion is invested into Spezialfonds so ; Theoretically, up to $425 billion could enter the crypto market from Spezialfonds alone </p> <p>And after this move many other europe countries will follow Germany. Selling in panic right now is would make u regret after this.</p> <p>​</p> <p>Source : <a href="https://www.coindesk.com/proposed-legislation-in-germany-could-allow-425b-to-flow-into-crypto-report">https://www.coindesk.com/proposed-legislation-in-germany-could-allow-425b-to-flow-into-crypto-report</a></p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/mesutdmn"> /u/mesutdmn </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/nita1i/keep_calm_and_wait_1_july_for_425_billion/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/nita1i/keep_calm_and_wait_1_july_for_425_billion/">[comments]</a></span>Kind Regards R