tl;dr
Deutsche Borse's subsidiary, Crypto Finance, has obtained regulatory approval to provide crypto services in Germany and has also secured approval in Switzerland. Germany's cryptocurrency revenue is projected to reach $2.5 billion by 2028, while Commerzbank AG has received approval to run a crypto cu...
Deutsche Borse's subsidiary, Crypto Finance, has obtained regulatory approval to provide crypto services in Germany and has also secured approval in Switzerland. Germany's cryptocurrency revenue is projected to reach $2.5 billion by 2028, while Commerzbank AG has received approval to run a crypto custody business in the country. German authorities have seized 50,000 Bitcoins acquired through illegal means, and Coinbase has announced Germany as a regional talent hub and doubled its employee growth over the past 12 months.
Deutsche Borse, a leading bank in Germany, has recently witnessed its subsidiary, Crypto Finance, gain further regulatory clarity and approval to commence crypto trading operations. This comes amid Deutsche Borse gearing up to introduce its digital exchange, DBDX, targeting institutional investors.
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