German Financial Regulatory Authority Considers The Usages Of Blockchain, But Do They Get It?
Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin), is the financial regulatory authority for Germany. They too, like every other regulatory authority the world over, have begun to seriously consider the usages and ramifications of blockchain. Recently, BaFin published an article titled “Distributed Ledger: The technology behind virtual currencies: the example of blockchain.” Yes, the title is a little blocky and literal (quite Germanic). And yes the Germans are a little late to the party. After reading this article, however, one is left scratching their head. Some level of....
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