DZ Bank Launches Blockchain-Based Digital Asset Custody Platform for Institutions
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DZ Bank AG launches its own digital assets custody platform, built on blockchain.
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The platform will work with institutional clients, offering crypto securities.
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DZ Bank applied for a crypto custody license from German regulator BaFin.
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More German banks are finding ways to allow customers access to cryptocurrencies.
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DZ Bank hopes to offer institutional investors and private customers facility to buy cryptocurrencies like Bitcoin in future.