DekaBank has entered the spotlight by obtaining a coveted crypto custody license from Germany’s BaFin and the European Central Bank.
This move, under the Banking Act, makes it one of the few traditional banks, alongside Commerzbank, to officially step into the digital asset space, setting itself apart from crypto-native firms.
The bank has been steadily building its crypto credentials. Earlier this year, it received approval to operate as a crypto securities registrar, enabling direct issuance of blockchain-based securities without intermediaries.
DekaBank is also a founding member of the blockchain platform SWIAT, which has seen notable use cases, such as Siemens issuing a €300 million digital bond.
Germany’s regulatory framework, though slow-moving, has proven to be a stabilizing force in the European crypto landscape.
The recent passage of the Supervision of Crypto Markets Act (KMAG) aligns national policies with the EU’s MiCA standards, paving the way for institutional growth in the sector.
Ripple Labs quietly emerged as one of the largest financial backers of Donald Trump’s presidential inauguration, contributing nearly $5 million just months before federal regulators began softening their stance toward the company.
Amid rising regulatory pressure and political uncertainty in South Korea’s crypto sector, Bithumb is restructuring its business in a strategic move ahead of a planned IPO.
A recent push by French lawmakers to weaken encryption in messaging apps has drawn sharp criticism from Telegram’s founder, Pavel Durov, who warns that such efforts are a direct assault on personal privacy in the digital age.
Polygon has climbed to the forefront of the NFT market, taking the lead in weekly sales volume and surpassing Ethereum for the first time in months.