Germany’s DZ Bank Prepares Nationwide Crypto Trading Rollout
Germany’s second-largest lender DZ Bank has received authorization under the European Union’s Markets in Crypto-Assets Regulation, clearing the way for the launch of a retail crypto trading platform across the country’s cooperative banking sector.
The German Federal Financial Supervisory Authority, BaFin, granted the MiCAR license at the end of December.
With the approval, DZ Bank will roll out “meinKrypto,” a digital asset trading platform designed for customers of Volksbanken and Raiffeisenbanken, Germany’s network of cooperative banks.
The platform allows local cooperative banks to offer retail clients access to cryptocurrency trading within an existing banking environment.
DZ Bank acts as the central…
