German Finance Regulator Sees Blockchain As Revolutionary

Source: Cryptodaily.co.uk, originally published on .

https://cryptodaily.co.uk/2018/06/german-finance-regulator-sees-blockchain-as-revolutionary/.

German Finance Regulator Sees Blockchain As Revolutionary

Considering its status as a financial powerhouse and the home of the European Central Bank, Germany don’t often hit cryptocurrency headlines. Today however (I’m not sure if its just in the spirit of the world cup though) we are seeing reports from Germany that discuss some promising statements from the President of the Federal Financial Supervisory Authority (BaFin), Felix Hufeld.

Hufeld and BaFin believe that blockchain technology is revolutionary and has numerous great implications for real world technological development.

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