This resource is no longer available

The First Crypto License in Europe

Cover

With the implementation of the European Union’s Fifth Anti-Money Laundering Directive, the German financial supervisory authority, BaFin, has incorporated the crypto custody business as a new type of financial service into the German Banking Act.

In addition to the implementation of the European regulation, BaFin has introduced a new one-of-a-kind “authorization of crypto custody businesses”. An authorization similar to a license grants the right to offer a certain type of financial service.

Download this white paper to learn more about the authorization, including:

  • Who needs to apply
  • Regulatory requirements
  • And more
Vendor:
IDnow GmbH
Posted:
24 Nov 2020
Published:
24 Nov 2020
Format:
PDF
Length:
9 Page(s)
Type:
White Paper
Language:
English

This resource is no longer available.