DekaBank, one of the largest German banks with assets of 377 billion euros, has started offering cryptocurrency trading and custody services for institutional clients. The bank has received authorization from Germany's Federal Financial Supervisory Authority (BaFin) to provide cryptocurrency custody services in compliance with German banking regulations. As part of the new offering, the bank emphasizes regulatory compliance and security. This aligns with the latest trends in Germany's financial sector, where other major institutions are also beginning to engage with cryptocurrencies.
2/25/2025 9:32:04 AM (GMT+1)
DekaBank launches cryptocurrency trading and custody services for institutional clients, receiving a license from BaFin and adhering to security and regulatory requirements
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This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.
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