Crypto Finance Gets Green Light from BaFin for Institutional Trading
Crypto Finance, a Deutsche Boerse subsidiary, has received a significant boost with BaFin, Germany's financial regulator, issuing four licences. This enables the company to provide digital asset trading, settlement, and custody services within the country.
The licences, granted to Crypto Finance by BaFin, allow the company to cater to the institutional investor market. Stijn Vander Straeten, the CEO of Crypto Finance, expressed excitement about the development, highlighting the high regulatory standards met by the company to secure these licences.
Crypto Finance, founded by an unnamed individual, is now licensed as a crypto custody provider in Germany. This marks a significant step forward for the company, which is focused on digital assets.
With these four licences, Crypto Finance can now offer a range of services to institutional investors in Germany. The company's commitment to meeting high regulatory standards has been praised by its CEO, Stijn Vander Straeten, and positions Crypto Finance well in the German digital asset market.
