Commerzbank Gets Cyptocurrency Custody Licence
15 Noviembre 2023 - 6:57AM
Noticias Dow Jones
By Pierre Bertrand
Commerzbank said it has been granted a cyptocurrency custody
licence, becoming the first full-service bank in Germany to do
so.
The licence was granted by Germany's Federal Financial
Supervisory Authority and the European Central Bank, a Commerzbank
spokeswoman told Dow Jones Newswires.
It enables Commerzbank to build what it said was a broad range
of digital asset services with a particular emphasis on cypto
assets, the bank said in a statement Wednesday.
The bank added that it is working toward establishing a secure
platform for digital assets.
"The first step by the Bank is to establish a secure and
reliable platform with full regulatory compliance to support its
institutional clients by providing custody for crypto assets based
on blockchain technology," the bank said.
This platform is expected to be established in the first half of
2024, the spokeswoman said.
Write to Pierre Bertrand at pierre.bertrand@wsj.com
(END) Dow Jones Newswires
November 15, 2023 07:42 ET (12:42 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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