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.
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