4,000 Institutional Funds in Germany Can Now Invest 20% of Portfolios in Crypto Assets

4,000 Institutional Funds in Germany Can Now Invest 20% of Portfolios in Crypto Assets

“Around 4,000 institutional funds with almost 2 trillion euros in assets under management in Germany can now invest 20% of their portfolios in cryptocurrency, including bitcoin. The highly anticipated Fund Location Act (Fondsstandortgesetz) went into effect on July 1 in Germany. The German federal parliament, the Bundestag, cleared the legislation on April 22. Under this”

Source: Bitcoin News

IOEN Aims to Leverage Blockchain to Make Clean Energy Accessible

“[FEATURED CONTENT] In the world of cryptocurrencies, just a handful of projects contribute to the greater environmental issues leveraging blockchain technology. Potentially amongst the thousands of projects, sustainable projects currently have taken a back seat; however, IOEN’s vision and dedication have garnered increased attention. IOEN is a blockchain-based smart-grid energy

South Africa Bank to terminate accounts of clients offering crypto arbitrage services

“A leading South African bank reportedly sent account termination notices to several crypto clients. As per the local media, Standard Bank served notices to providers of automated cryptocurrency arbitrage services. The report noted that virtual currencies like Bitcoin trade at a higher price in South African exchanges compared to other