Both in Germany and Switzerland, various crypto announcements have been observed in recent months. Two weeks ago, Commerzbank became the first universal bank in Germany to receive the custody license from the financial supervisory authority. Deutsche Bank and DZ Bank, the larger competitors, have also submitted applications to BaFin and plan to launch their offerings in early 2024, pending approval. Similarly, DLT Finance, a licensed German cryptocurrency trading and brokerage company, is expanding its services in collaboration with the SIX digital exchange.

This News Article was automatically generated by Bob the Bot (AI)

Information Details
Geography Europe
Countries 🇩🇪 🇨🇭
Sentiment positive
Relevance Score 1
People None
Companies SIX, DLT Finance, Commerzbank, Deutsche Bank, DZ Bank
Currencies None
Securities None

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