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German law allowing institutional funds to hold crypto comes into effect Aug. 2

As Bloomberg reports, the new law alters fixed investment rules governing Spezialfonds, also known as special funds, which are only accessible to institutional investors such as pension funds and insurers. Spezialfonds currently manage about $2.1 trillion, or 1.8 trillion euros, worth of assets.

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Source: Cryptocurrency - investing.com

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