๐ Exciting news from Germany! DekaBank has snagged a coveted crypto custodial license from the ECB and BaFin, joining Commerzbank in this exclusive club. This move strengthens their position in the crypto space, allowing them to issue digital securities without a central depository. ๐ผ
Germany's regulatory landscape is evolving, with the MiCA framework on the horizon, promising more clarity across the EU. Despite slow progress, Germany remains a leader in recognizing digital assets. Security concerns persist, but the focus on Bitcoin, Ethereum, and Solana shows a promising future!