This makes Commerzbank the first full-service German bank to receive such a license. With the license, it enables Commerzbank to provide custody services for crypto assets and expand its offerings to include "further digital asset services."
AaronFTX previously purchased an Australian company to bypass the financial services license process.
BeincryptoBeincryptoThe CEO of institutional cryptocurrency broker Genesis Global Trading, Michael Moro, has announced his resignation and that the company will ...
BitcoinistCrypto Broker, Voyager, has decided to resume its cash withdrawals on its app. Users shall be able to make cash ...
BitcoinistAs the search for an elusive Bitcoin bottom continues, at least one United States miner was forced to liquidate a portion of its holdings in June.
CointelegraphReporting requirements aimed at reducing the tax gap were originally scheduled to take effect in January 2023, and crypto companies will begin filing reports with the IRS in 2024.
CointelegraphThe reporting requirements, aimed at reducing the size of the tax gap, were scheduled to take effect in January 2023, with crypto firms sending reports to the IRS starting in 2024.
CointelegraphA 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.
CointelegraphCrossover Markets Group Inc. is being launched by two former Jefferies FX brokers and aims to make a splash in the institutional crypto investment scene.
Cointelegraph