Germany's DekaBank has received a cryptocurrency custody license from the regulatory authority BaFin and the European Central Bank
According to Ledger Insights, Germany's DekaBank has received a cryptocurrency custody license from the German regulator BaFin and the European Central Bank (ECB). Commerzbank was the first German bank to receive permission last year, with other major banks yet to be granted. BaFin has issued an additional 11 cryptocurrency custody licenses, mainly for cryptocurrency companies, one of which is for Hauck Aufhäuser Lampe Privatbank's digital asset custody subsidiary.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Trending news
MoreData: In the past 24 hours, total liquidations across the network reached $845 million, with long positions liquidated for $508 million and short positions for $336 million.
Goldman Sachs: Central banks may make large gold purchases in November, maintaining year-end 2024 gold price forecast at 4900
Crypto prices
More
