Commerzbank secures digital asset custody license in Germany
Commerzbank’s foray into digital currencies may increase adoption, given that it has nearly 11 million small-business and private customers in Germany and 30% foreign trade transactions.
Commerzbank’s foray into digital currencies may increase adoption, given that it has nearly 11 million small-business and private customers in Germany and 30% foreign trade transactions.
The new license will see the firm offer the trio of brokerage, trading, and custody services to clients, according to Boerse Stuttgart Group CEO Matthias Voelkel.