Germany a financial stong country in Europe or Schengen Countries. Now it's taking a next step towards the betterment. That is it's going to accept the crypto and allow banks to exchange the crypto in the market. Its not a sudden action bill is already approved from National Parliament and hopefully to be approved from its different states soon. After that, it would be implemented.

Sven Hildebrandt, Head of Crypto Firm DLC, said that “Germany is well on its way to becoming a crypto-heaven. The German legislator is playing a pioneering role in the regulation of crypto-truths. “

Whereas Niels Nauhauser, Financial Expert showed some concerns “Basically, banks sell a variety of financial products if the commission is right. If they are allowed to sell cryptocurrencies and keep them for a fee, they run the risk of returning a total loss to their clients, without them knowing what they are getting into,”

Fabio De Masi, from Left Party, said “Banks are hot on profits from crypto businesses. However, the financial consumer protection must not be undermined.”