🧵 1. German central bank doubts blockchain's suitability for financial markets, cites regulatory challenges and lack of successful projects. #business
🧵 1. German central bank doubts blockchain's suitability for financial markets, cites regulatory challenges and lack of successful projects. #business
🧵 2. Deutsche Bundesbank calls for caution in adopting blockchain, highlights slow pace of financial system adaptation. Real-life use cases needed.
🧵 3. Industry critiques German central bank's skepticism, points out successful blockchain projects like Broadridge repo and HQLA.
🧵 Read more at: https://coingeek.com/germany-central-bank-explores-legality-of-deposit-tokens-pokes-holes-in-blockchain/