Over 40 German banks express interest in crypto custody

Over 40 German banks express interest in crypto custody

Germany’s Federal Financial Supervisory Authority has reportedly received over 40 expressions of interest from banks for the issuance of a crypto custody services license. This comes after the watchdog released its latest guidance in which it clarified that the crypto custodians operating outside, but still serving the German market and are not yet licensed for operation, would not be penalized.

Kathy
Kathy
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