Blockchain strategy of the federal government: Against Libra, for state stablecoins

The federal government intends to adopt its blockchain strategy before the end of September. It will reject Facebook’s planned digital currency. The CDU parliamentarian Thomas Heilmann, responsible for the blockchain policy of the CDU/CSU faction, said that “market-relevant private stablecoins” would not be allowed. However, the cabinet can certainly imagine a state stablecoin, as well as its own blockchain. The strategy even envisages a new company form for the crypto sector: The “digital corporation” should not only facilitate the establishment of companies in this area, but also enable new forms of employee participation and financing – for example through the sale of tokens.

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