DZ Bank approved to operate encryption platform 'meinKrypto'

DZ Bank, the second largest bank in Germany, announced that it has obtained MiCAR approval from the German Federal Financial Supervisory Authority (BaFin) at the end of December to operate the cryptocurrency platform "meinKrypto". The platform will provide services to the main institutions of the cooperative financial group, supporting these institutions to provide cryptocurrency trading opportunities for retail customers, with initial support for BTC, ETH, LTC, and ADA.