FinPlanet supported dwpbank in its MiCAR notification for the custody and transfer of crypto-assets.
Another important milestone for digital assets in the German banking sector: congratulations to Deutsche WertpapierService Bank AG (dwpbank) on receiving its MiCAR license for crypto custody and transfer services!
BaFin has authorised dwpbank to provide custody and administration of crypto-assets on behalf of clients and transfer services for crypto-assets on behalf of clients. With this step, dwpbank expands its existing MiCAR-compliant offering around crypto trading and adds its own custody offering to its digital asset platform wpNex.
Banks and savings banks can now offer their clients trading, custody and transfer of crypto-assets from a single, integrated infrastructure. dwpbank serves around 1,000 affiliated banks and savings banks.
FinPlanet supported dwpbank throughout the notification process. We congratulate the entire dwpbank team on this important regulatory milestone and are delighted to accompany them on this journey.
