Crypto Custody Services provided by Investment Firms – Will that still be Possible in the Future?
On the 26th of June 2021, the new supervisory regime for investment firms – the Investment Firms Act (WpIG) – will go into effect in Germany. The new regulation will be relevant for all businesses which offer financial services such as investment brokerage, investment advisory services, proprietary trading or financial portfolio management and comparable services. […]
Investment Firms Act (WpIG) Passed the Bundestag – What Are the Implications for the Crypto Industry?
The German Bundestag passed the new Investment Firms Act (WpIG) on the 15th of April 2021. The new legislation is scheduled to go into effect on the 26th of July 2021 and is intended to implement the statutory requirements of the European Investment Firms Directive (IFD). The new law will exclude small and medium-sized investment […]