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One Of Germany’s Largest Asset Managers ‘Considering’ Bitcoin Investment
Bitcoin News now admin /

Dekabank, one of Germany’ largest asset managers, is considering investing in Bitcoin, a spokesman for the firm told Bloomberg today.

The news comes in advance of a new German law taking effect Monday that would make it possible for the firm’s Spezialfond to invest up to 20% of their holdings in Bitcoin.

In Germany, special funds are mainly used for investments by institutions such as pension companies and insurers. Under this new legislation, Dekabank would become just one of about 4,000 German firms eligible to buy Bitcoin.