Bafin – DIGIT INFO

US crypto custody firm BitGo wins BaFin license in Germany: Report

BitGo originally announced it was setting up two regulated custodial entities in Germany and Switzerland in February 2020.

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German regulator raised concerns about Binance CEO prior to license application withdrawal: Report

BaFin reportedly advised Binance that CEO Changpeng Zhao wouldn’t pass a “fit and proper” test as part of the financial watchdog’s licensing regime.

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Binance withdraws crypto license application in Germany

The crypto exchange’s move to withdraw its license in Germany comes amid reports that the exchange faced rejection from regulators.

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German regulator reportedly rejects Binance’s crypto custody license demand

Binance’s regulatory trouble continues to mount as the exchange faced pushback in Europe after the US.

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Deutsche Bank reportedly applies for digital asset custody license with BaFin

Germany’s banking industry is slowly warming up to the crypto industry with multiple partnerships and crypto services in 2023 after a long cautious approach.

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German Stock Exchange Boerse Stuttgart to Provide Crypto Custody Through Licensed Subsidiary

Blocknox, a subsidiary of one of Europe’s largest stock exchanges, Boerse Stuttgart, has been licensed to operate as a crypto custodian in Germany. The authorization will allow the company to offer custody services for digital assets to institutional investors across the Old Continent. Boerse Stuttgart Subsidiary Blocknox to Offer Crypto Custody Services Under Bafin License […]

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Boerse Stuttgart Digital subsidiary receives final approval for crypto custody

With the licensing of the German exchange’s blocknox service, it now offers fully regulated brokerage, trading, and custody.

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German regulator BaFin suggests a ‘case-by-case’ approach for NFTs

Given the difficulties with classification, BaFin highlights the freedom of nonfungible tokens from licensing demands.

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Time for Serious Global Crypto Regulation, Germany Says

Germany’s financial watchdog has issued a call for global regulation of the crypto industry in the aftermath of the FTX collapse. The hands-off approach was wrong, the head of the agency says, insisting it’s time to protect consumers as the sector expands links with traditional finance. Bafin President Convinced Self-Regulation Won’t Work for Crypto The […]

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Austrian Crypto Exchange Bitpanda Secures Trading License From Germany’s BaFin

Crypto exchange and custody platform Bitpanda announced on Nov. 22 that it had received a crypto trading license from Germany’s Federal Financial Supervisory Authority. According to Bitpanda, securing a license means it has become the “first European retail investment platform to meet BAFIN’s strict regulatory requirements.” New License Strengthens Bitpanda’s Position Austrian crypto exchange platform […]

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