Dekabank, a prominent German investment bank, has reportedly launched cryptocurrency trading and custody services for institutional clients after nearly two years of development. This move comes after receiving regulatory approval for a crypto custody license from the Federal Financial Supervisory Authority (BaFin) and operating under the supervision of the European Central Bank (ECB). Board member Martin K. Müller emphasized the bank’s readiness, stating, “We have the necessary experience, required licenses, and a tested, ready-to-use infrastructure to support savings banks and our institutional clients.” According to Bloomberg, Dekabank is promoting its new offering with a strong emphasis on security and regulatory compliance.
Report: German Investment Bank Dekabank Launches Institutional Crypto Services
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