Germany’s DekaBank Receives Crypto Custody License from BaFin and ECB

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PANews
7 hours ago
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PANews reported on December 22 that, according to Ledger Insights, Germany's DekaBank has obtained a banking cryptocurrency custody license from the German regulator BaFin and the European Central Bank (ECB). Commerzbank was the first German bank to receive a license last year, while other major banks have not yet obtained a license. BaFin has issued 11 additional cryptocurrency custody licenses, mainly targeting cryptocurrency companies, one of which is the digital asset custody subsidiary of Hauck Aufhäuser Lampe Privatbank.

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