Boerse Stuttgart Digital’s blocknox beats Binance to final custody licensing.
Boerse Stuttgart Digital, the digital asset brand of the Boerse Stuttgart exchange group, announced March 30 that its blocknox service has received final licensing from the German Federal Financial Supervisory Authority to operate as a crypto custodian.
Boerse Stuttgart Group now offers fully regulated brokerage, trading, and custody of digital assets, itIts final licensing makes Boerse Stuttgart Digital the first “established market participant […] Licensed to hold cryptocurrencies in custody without any acquisitions,” Boerse Stuttgart Group CEO Matthias Voelkel said. Boerse Stuttgart Digital said European banks, brokers, asset managers and family offices could incorporate its services into their own offerings.
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