Commerzbank Apply for Crypto License

Commerzbank, one of the leading banks in Germany, has applied for a crypto license. You can follow us on our Twitter and Telegram channel to be instantly informed about the last minute developments.
 Commerzbank Apply for Crypto License
READING NOW Commerzbank Apply for Crypto License

Commerzbank, one of Germany’s leading banks, has applied for a crypto license.

A spokesperson for German bank Commerzbank revealed that the company applied for a crypto license earlier this year. If it happens, it will be the first major bank in the country to adopt cryptoassets. In his statement on the subject, Commerzbank Senior Spokesperson Bernd Reh used the following statements:

“For this purpose, we entered into a cooperation with Deutsche Börse and Fin-Tech 330x in the spring of 2021. We also follow our own digital asset strategy and plan our own offerings for our clients in the coming years. We have applied for a license from Bafin to protect crypto assets.”

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