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<a href="https://en.coin-turk.com/investment-trends-and-analysis-for-the-crypto-sector-2023-3rd-quarter-report/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Cryptocurrency</a> markets have been attracting more attention from institutional <a href="https://newslinker.co/category/finance/" data-wpel-link="exclude" rel="noopener noreferrer nofollow">investors</a> lately, and global giants are taking action. The world’s largest asset manager, BlackRock, has officially applied for spot BTC and ETH ETFs. Trillion-dollar Fidelity has been pursuing its ETF goal for years. Now, Germany’s second largest bank is also taking action.
<h2 style="text-align: justify" id="latest-news-on-cryptocurrencies">Latest News on Cryptocurrencies</h2>
Global giants are taking significant steps in the field of cryptocurrencies. Commerzbank has just announced that it has obtained a cryptocurrency custody license. A spokesperson for Commerzbank told Dow Jones Newswires that the license was issued by the Federal Financial Supervisory Authority of Germany and the European Central Bank.
<img decoding="async" class="size-full wp-image-276687 aligncenter" src="https://coin-turk.com/wp-content/uploads/2023/11/Kripto-paralar-son-dakika.jpg" alt="" width="660" height="369">
Commerzbank, the first full-service bank in Germany to be awarded this license, represents an important beginning for its cryptocurrency services. The announcement on the bank’s official website states:
<blockquote>
 “The bank’s initial step is to establish a secure and reliable platform with full legal compliance to support its corporate customers by providing custody for blockchain-based crypto assets. Now that we have obtained the license, we have reached a significant milestone. This highlights our ongoing commitment to implementing the latest technologies and innovations and forms the foundation for supporting our customers in the field of digital assets.”
</blockquote>
Although the price of <a href="https://en.coin-turk.com/bitcoin-maintains-its-trend-defying-movement-by-focusing-on-the-26000-level/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Bitcoin</a> did not experience a significant increase following the news, it is expected that such important steps will have serious consequences on the markets in the long run. Continue Reading: <a href="https://en.coin-turk.com/germanys-second-largest-bank-commerzbank-obtains-crypto-custody-license/" data-wpel-link="internal" rel="noopener noreferrer nofollow">https://en.coin-turk.com/germanys-second-largest-bank-commerzbank-obtains-crypto-custody-license/</a>

Germany’s Second Largest Bank, Commerzbank, Obtains Crypto Custody License

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