2023-11-15 18:37 |
The newly acquired license empowers Commerzbank to forge ahead in establishing a comprehensive range of digital asset services.
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Commerzbank AG, one of Germany’s leading full-service banks, has obtained a crypto asset custody license, marking a significant milestone in the country’s financial landscape. This regulatory approval positions Commerzbank as the first major German bank to offer comprehensive digital asset services, signifying a growing acceptance of cryptocurrencies within the European banking sector. Commerzbank Leads The […]
2023-11-16 23:00 | |
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The German bank Commerzbank is the first full-service bank in the country to receive a crypto custody license from local regulators.
2023-11-16 16:00 | |
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If the license application is accepted, the bank would be authorized to offer exchange and crypto-asset services.
2022-4-21 08:47 | |
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A spokesperson for Commerzbank confirmed to local media that it applied for the license with BaFin earlier this year as a first for a major bank in Germany.
2022-4-22 07:41 | |
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Commerzbank becomes the first major German bank to receive a cryptocurrency custody license, signaling a strategic move into digital asset services.
Commerzbank has secured a cryptocurrency custody license, marking the first instance of a German full-service bank obtaining such approval from national regulators, according to a Nov. 15 statement.