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Commerzbank applied for a crypto custody license to the Federal Financial Supervisory Authority known as BaFin.
Continue reading German Commerzbank Requests BaFin License for Crypto Custody at DailyCoin.com.
Commerzbank, one of Germany’s top banks, has acknowledged that it sought a local cryptocurrency license early this year, marking the very first time a major bank has initiated a step toward cryptocurrencies in the country. On April 14, a Commerzbank representative told Börsen-Zeitung that the bank “applied for the crypto custody license in the first […]
A spokesperson for Commerzbank confirmed to local media that it applied for the license with BaFin earlier this year in a first for a major bank in Germany.
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