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Germany’s DekaBank Receives Greenlight For Crypto Custody From BaFin And ECB

  • Germany’s DekaBank has obtained a cryptocurrency custody license from BaFin and the ECB.
  • The license allows DekaBank to securely manage and store cryptocurrencies for its clients.
  • DekaBank has previously secured a license to operate as a crypto securities registrar and has played a key role in developing blockchain infrastructure.
  • This development comes amidst significant regulatory changes in Germany, with the country aligning its crypto regulations with the EU's framework.

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