Mmastodon BusinessBanking first seen 7 h ago, last 1 h ago, peak #11
German banking firm dwpbank wins BaFin crypto licence under MiCA
Original: Die dwpbank erhält von der BaFin die MiCAR-Erlaubnis für regulierte Krypto-Custody und Transfers und erweitert damit ihr
dwpbank has received permission from Germany's financial regulator BaFin under the EU's MiCAR framework to offer regulated crypto custody and transfer services. The licence significantly expands its wpNex digital asset platform, meaning banks and savings banks can offer their customers crypto trading and custody directly through their existing banking services rather than via external providers.
Why now: It marks a significant regulatory step for mainstream German banks entering the crypto market under the new EU rules.
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