Commerzbank Gets Granted Crypto Custody License

Nov. 15, 2023, 10:45 AM UTC

Commerzbank gets granted a crypto custody license, enabling the bank to build up a broad range of digital asset services, according to emailed statement.

  • Commerzbank aims to establish secure custody platform for digital assets
  • License pursuant to Article 1 Section 1a Sentence 1 No 6 German Banking Act
  • NOTE: Banks’ Crypto Businesses Shouldn’t Escape Scrutiny, Enria Says

To contact the reporter on this story:
Laura Malsch in Frankfurt at lmalsch@bloomberg.net

To contact the editors responsible for this story:
Veronica Ek at vek@bloomberg.net

Andrey Biryukov

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