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Cashlink applies for BaFin license for crypto securities register

Tuesday 24 August 2021 12:24 CET | News

The Germany-based security tokenization software solution Cashlink has submitted a notification of intent to the German financial market supervisory authority BaFin to set up a crypto securities register.

Cashlink's plan for a crypto securities register builds on the Electronic Securities Act (eWpG), which has been in force since June 2021. According to a Cashlink representative, the law opens up new opportunities and is driving the change to a DLT-based capital market. With the eWpG it is now possible to issue securities purely electronically without a certificate.


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Keywords: cryptocurrency, DLT, cybersecurity, crypto asset
Categories: DeFi & Crypto & Web3
Companies:
Countries: Germany
This article is part of category

DeFi & Crypto & Web3