The New BaFin Leaflet for Crypto Custodians – Can Security Tokens be Stored by Crypto Custodians?
BaFin published its long-awaited leaflet on crypto custodian services (German only) at the start of last week. Since the legislative process took almost till the end of 2019 and the crypto custodian service was however introduced on the 1st of January 2020 into the German Banking Act (KWG), BaFin had little time to develop an administrative practice […]