Coinbase Becomes First Company To Receive New Crypto-Custody License In Germany

Coinbase is now authorized to conduct proprietary trading and cryptocurrency custody services (Kryptoverwahrgeschäft) in Germany through its local subsidiary Coinbase Germany GmbH, according to Germany’s Federal Financial Supervisory Authority (BaFin). “The BaFin has the Coinbase Germany GmbH granted permission on 28 June 2021 the Kryptoverwahrgeschäft and proprietary trading – to provide – limited to crypto […]