Coinbase secures licence for crytpo custody and trading in Germany

Tuesday 29 June 2021 11:38 CET | News

German Federal Financial Supervisory Authority (BaFin) has offered Coinbase a licence for crypto custody and trading, under the licensing regime introduced in January 2020.

The BaFin licensing framework is the first of its kind in the European Union, and Coinbase Germany is the first company to be issued such a licence.

Coinbase Germany will launch by the end of July 2021 to serve both new and existing German customers more effectively, including by localising their service and increasing their product offering. 

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Keywords: cryptocurrency, BaFin
Categories: DeFi & Crypto & Web3
Countries: Germany
This article is part of category

DeFi & Crypto & Web3

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