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Germany-based bank Commerzbank has announced applying for a Federal Financial Supervisory Authority (BaFin) license for a crypto custody business.
banking license, expansion, cryptocurrency, BaFin, crypto asset
The EBA’s Cryptotechnologies Working Group has been exploring how cryptotechnology-based regtech solutions could enable KYC data management and regulatory reporting.
EBA, cryptotechnology, cryptocurrency, KYC, DLT, compliance, SIBOS, data management
Mirela Amariei, The Paypers: There is no going back from digital in trade finance. Cryptotechnologies and instant payments infrastructure are two enablers for innovation.
trade finance, Mirela Amariei, smart contracts, blockchain, cryptotechnology, instant payments infrastructure, B2B payments, BPO, open account