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<p class="p1" style="text-align: justify">With the rise in the cryptocurrency <a href="https://newslinker.co/category/finance/" data-wpel-link="exclude" rel="noopener noreferrer nofollow">market</a>, significant institutions from developed countries continue to take remarkable steps towards the crypto sector. In this regard, Deutsche Börse AG, the central stock exchange located in Frankfurt, has added the crypto sector to its strategic priorities list for the next few years. Steps have already been taken in the country towards the cryptocurrency market.</p>
<h2 class="p1" style="text-align: justify" id="crypto-service-initiative-in-germany">Crypto Service Initiative in Germany</h2>
<p class="p1" style="text-align: justify">According to the details presented to the public on November 7 by Deutsche Börse officials in the strategic report called Horizont 2026, it aims to expand its leading position in the digital platforms area for existing and new investment assets.</p>
<p class="p1" style="text-align: justify">Company officials believe that there is a greater growth potential in new technological solutions through the digitization of existing or new asset classes in the long term. Therefore, it aims to accelerate the development of blockchain-supported D7 crypto securities regulations and provide a trading platform for crypto assets to institutional investors.</p>
<p class="p1" style="text-align: justify">The crypto asset platform is planned to serve only institutional investors, and tokenization process, trading, clearing, and custody services for securities, alternative investment vehicles, and cryptocurrencies are planned to be facilitated.</p>
<p><img decoding="async" class="aligncenter wp-image-274908 size-full" src="https://coin-turk.com/wp-content/uploads/2023/11/alman-borsasi-scaled.jpg" alt="" width="2560" height="1919"></p>
<h2 class="p1" style="text-align: justify" id="what-are-the-details-in-the-report">What Are the Details in the Report?</h2>
<p class="p1" style="text-align: justify">In the published report, although the conditions in the potential digital platform are not mentioned in the report, stablecoins and central bank digital currencies (CBDC) are also mentioned. European Union officials continue to take the necessary steps in CBDC projects, which have been one of the most talked-about topics in recent times.</p>
<p class="p1" style="text-align: justify">Deutsche Börse is not the first stock exchange to roll up its sleeves for crypto asset trading services. Boerse Stuttgart, Germany’s second-largest stock exchange, started offering crypto trading services to its customers in April 2022.</p>
<p class="p1" style="text-align: justify">London Stock Exchange Group is preparing to provide clearing services for cash-settled <a href="https://en.coin-turk.com/when-will-bitcoin-etf-be-approved-secs-decision-is-expected-soon/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Bitcoin</a> index futures and options contracts in 2024, where dollar-denominated credit transactions are not approved. The Frankfurt Stock Exchange is definitely not a novice in the crypto market. Deutsche Börse Xetra, a digital exchange operating in the country, listed a product of an ETC Group based in London, a Litecoin traded on the exchange, in 2021.</p> Continue Reading: <a href="https://en.coin-turk.com/germany-takes-a-step-towards-crypto-services/" data-wpel-link="internal" rel="noopener noreferrer nofollow">https://en.coin-turk.com/germany-takes-a-step-towards-crypto-services/</a>

Germany Takes a Step Towards Crypto Services

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