Boerse Stuttgart provides cryptocurrency storage services
considered as Boerse Stuttgartthe second largest stock exchange in Germany, and one of the largest in Europe, which will today be able to provide European banks, brokers, asset managers and family offices, with trading and storage solutions for their crypto asset offerings.
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Where the company received Blocknox subsidiary, which is part of the division Bourse Boerse Stuttgart Digitalthe final license for its operations from Federal Financial Supervision Authority Bafinaccording to the press release.
Worth noting, that Boerse Stuttgart Digital It is the stock market brand, related to all cryptocurrency activities, as it will offer various solutions to institutional partners to access and trade in cryptocurrencies, as well as hold them on behalf of clients.
According to the CEO of the group Boerse Stuttgart Digital Boerse Stuttgart Group, Matthias VoelkelThe license allows the company to become a fully regulated brokerage, trading and custody shop for digital assets.
In turn, said the managing director of the company Oliver VinsReliability, stability and transparency form the basis for the cryptocurrency markets to function, Licensing believes Federal Financial Supervisory Authority Bafinis a confirmation of the role Boersey Stuttgart Boerse Stuttgart In secure access to the growing market for digital assets.
It is reported that cryptocurrency storage services were legalized in Germany in January 2020, and companies wishing to provide them must obtain a special permit.
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As announced Boersey Stuttgart In February of that year, that Blocknox intends to provide such services to institutional clients, having applied for regulatory approval.