Blocknox, a subsidiary of the Stuttgart Stock Exchange in Germany, has obtained a cryptocurrency custody license from BaFin
ChainCatcher news, the digital division Blocknox of the Stuttgart Stock Exchange (Boerse Stuttgart) has received the final license for cryptocurrency custody from the country's financial regulator BaFin. This license will allow Boerse Stuttgart Digital to provide trading and trust custody services for institutional investors.
Boerse Stuttgart is the sixth largest stock exchange in Europe, and the company launched a cryptocurrency trading app in 2018, which exceeded $1 billion in trading volume in 2020. (CoinDesk)
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