German Bank Commerzbank Greenlights Crypto Custody Operations

Commerzbank announced on November 15 that local regulators had awarded the bank a license to handle cryptocurrency.

Commerzbank announced on November 15 that local regulators had awarded the bank a license to handle cryptocurrency.

Launching its blockchain-based digital asset custody platform, DZ Bank is the third-biggest bank in Germany based on asset size.

Under the guilty plea, accused has to make restitution exceeding $1.5 million to victims.

Binance has withdrawn its application for a crypto license in Germany following reports that BaFin had denied the exchange a crypto custody license.

Deutsche Bank recently requested regulatory approval to provide custody services for digital assets.

New financial legislation in Germany would permit "testing of enhanced transferability of crypto assets."

Dwpbank CEO Heiko Beck stated that the bank plans to add other crypto, digital assets, and tokenized securities to the service in the future.

Authorities claim that over the past five years, ChipMixer has moved 152,000 BTC ($2.88 billion).

Along with 110 bitcoin exchanges, the "Godfather" malware is known to target 94 cryptocurrency wallet applications.

Germany's consumer price inflation spiked to 10.0% in September from 7.9% in August.