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The Daily Hodl
2020-02-09 17:00:09

German Banks Requesting to Custody Bitcoin, Ethereum and XRP: Report

Government officials in Germany confirm that several banks have filed a request to launch a digital asset custody business. BaFin, the nation’s financial regulator, says it has received over 40 applications from parties interested in offering cryptocurrency custody services, reports news outlet Handelsblatt. Germany’s updated Money Laundering Act permits banks and other local financial institutions […]The post German Banks Requesting to Custody Bitcoin, Ethereum and XRP: Report appeared first on The Daily Hodl.