The German Federal Financial Supervisory Authority, known as BaFin, has recently granted four licenses to Crypto Finance, a prominent provider of institutional-grade investment solutions, custody, and trading services for digital assets under the supervision of FINMA.
These licenses cover a range of regulated activities including digital asset trading, settlement, and custody services, all operated by Crypto Finance's subsidiary, Crypto Finance (Deutschland) GmbH, in Germany.
This significant milestone further solidifies Crypto Finance's position within the regulated European digital asset landscape. The additional licenses underscore the company's commitment to providing seamless institutional-grade services while operating within the bounds of the legal framework.
Strengthening its standing as a pioneering force in the digital asset ecosystem, this achievement showcases Crypto Finance's dedication to upholding the highest standards of compliance and regulatory oversight.
Stijn Vander Straeten, CEO of Crypto Finance Group, expressed enthusiasm about the licensing of Crypto Finance (Deutschland) GmbH by BaFin, highlighting it as a notable milestone in regulatory oversight. He emphasized that meeting these rigorous standards distinguishes their offering and demonstrates a commitment to transparency, security, and trustworthiness. This achievement contributes to fostering a dependable ecosystem for crypto assets, ultimately benefiting market participants and investors alike.