I was on cointelegraph when I found two articles that go really well together. So apparently in Germany the Ministry of Finance has determined that crypto is not a financial threat, but does need more regulation specifically aimed at market stability.
Cryptocurrency Does Not Threaten Financial Stability, Says German Government
Representatives of the German Federal Government have stated that cryptocurrencies do not pose a threat to financial stability ... Nevertheless, the government sees the need for regulatory measures to control digital currencies.
German Finance Authority: Crypto Regulation to Focus on Market Stability, Not Individuals
Felix Hufeld, President of the Federal Financial Supervisory Authority in Germany (BaFin), said the primary role of his regulatory authority is not individual investor protection, but the preservation of overall financial stability.
Since neither of these are my article you will need to check them out on cointelegraph to get the whole story. And since one country's actions can effect the whole market this is relevant whether you are in Germany or not.
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