Germany has received its own Blockchain government lobby group the Blockchain Bundesverband, the country’s first dedicated to cryptocurrency.
The official founding of the lobby group took place at the German parliament building, the Bundestag, in Berlin Thursday.
“The Blockchain Bundesverband is convinced that Blockchain and other cryptography-based decentralized technologies constitute essential innovations in infrastructure,” the group announced on its website.
Germany has hitherto had little exposure to Blockchain and crypto-associated innovation, due in part to a mixed legislative landscape.
The status quo is slowly changing, and the presence of the Bundesverband in the heart of Germany’s political center could well be cause for celebration.
A previous incarnation of the collective, which was voluntary and focussed on similar issues, has been active since 2015.
This article previously stated that the two organizations were one and the same; the content has now been updated to reflect changes since highlighted to Cointelegraph.