Tangany has received a license from the German Federal Financial Supervisory Authority (BaFin) as the third regulated service provider for the custody of digital assets in the country to provide crypto custody business. Furthermore, Tangany plans to apply for further licenses in Germany and Europe in the future and has already received preliminary permission from BaFin to manage registers of crypto securities. Tangany is a B2B white-label crypto custodian regulated in Germany with its headquarters in Munich. Customers can use the Tangany Custody Suite to store digital assets such as Bitcoin, Ethereum, stablecoins, NFTs, and security tokens in warm wallet and cold wallet storage solutions. Developed in-house since 2018 at the highest technical level, Tangany
Topics:
Fintechnews Switzerland considers the following as important: 6c.) Fintechnews, Blockchain/Bitcoin, Featured, Germany, newsletter, Tangany
This could be interesting, too:
Frank Shostak writes Assumptions in Economics and in the Real World
Conor Sanderson writes The Betrayal of Free Speech: Elon Musk Buckles to Government Censorship, Again
Nachrichten Ticker - www.finanzen.ch writes Bitcoin erstmals über 80.000 US-Dollar
Nachrichten Ticker - www.finanzen.ch writes Kraken kündigt eigene Blockchain ‘Ink’ an – Neue Ära für den Krypto-Markt?
Tangany has received a license from the German Federal Financial Supervisory Authority (BaFin) as the third regulated service provider for the custody of digital assets in the country to provide crypto custody business.
Furthermore, Tangany plans to apply for further licenses in Germany and Europe in the future and has already received preliminary permission from BaFin to manage registers of crypto securities.
Tangany is a B2B white-label crypto custodian regulated in Germany with its headquarters in Munich.
Customers can use the Tangany Custody Suite to store digital assets such as Bitcoin, Ethereum, stablecoins, NFTs, and security tokens in warm wallet and cold wallet storage solutions.
Developed in-house since 2018 at the highest technical level, Tangany Custody Suite combines digital asset custody technology with regulatory security through the granting of the crypto custody license by Bafin.
“As the third regulated service provider for the custody of digital assets in Germany, we have received the license to provide crypto custody services. The clear German regulatory framework for custody of digital assets will help us to achieve sustainable growth in the long run.
With currently more than 30 B2B customers, including many regulated banks and financial service providers, and over 60,000 active wallets with 400 million euros of crypto assets in custody, we are proving our potential and demonstrating the growing demand in the market,”
said Martin Kreitmair, CEO of Tangany.
You Might Also Like
Coinbase to Invest US$500 Million Into Crypto Assets
2021-09-21
American cryptocurrency exchange platform Coinbase announced that it has committed to invest US$500 million of its cash and cash equivalents into a diverse portfolio of crypto assets. Coinbase added that going forward, it will also allocate 10% of quarterly net income into this same portfolio.
Blockchain-Based Invoice Factoring Firm Hiveterminal Expands to DACH Region
2021-09-15
Blockchain-based invoice factoring platform Hiveterminal announced that it has expanded to the DACH region as part of its Europe growth plans. Hiveterminal aims to start cultivating relationships with Swiss-based small and medium-sized enterprises (SMEs) who need fast and continuous access to liquidity without going through the hassle of applying for bank financing.
Visa Customers Spent More Than US$1 Billion on Crypto-Linked Cards in 2021
2021-07-09
Visa revealed that its customers had spent more than US$1 billion on its crypto-linked cards in the first half of 2021. The payments giant reported that it had partnered with 50 leading crypto platforms on card programmes that make it easy to convert and spend digital currency at 70 million merchants worldwide.
AntChain Inks Deal With UEFA EURO to Be Its Official Global Blockchain Partner
2021-06-11
UEFA and AntChain, the blockchain business of Ant Group, announced a five-year global partnership around blockchain technologies and to jointly explore how blockchain technology can be used to further the digital transformation of football industry and improve the experiences of fans around the world.
9 Top-Ranked Crypto Blockchain Project Coins You’ve Probably Never Heard of Before
2021-06-08
Cryptocurrencies have been all the rage this year with total market capitalization surging 132% since the beginning of the year. Given this crypto frenzy, it is quite remarkable how some of the top marketcap ranking firms have eluded mainstream attention.
ETC Group Lists Physically Backed Ethereum and Litecoin Crypto ETCs on SIX
2021-05-26
ETC Group, a specialist provider of digital asset-backed securities, has announced that it will list its physically backed Ethereum and Litecoin cryptocurrency ETCs on the Swiss Stock Exchange SIX.
Swissquote Adds 9 Additional Cryptocurrencies for Retail Trading
2021-04-22
Swiss banking group Swissquote announced that it is expanding its cryptocurrency offering with nine additional ones.
Societe Generale Issues Structured Products as Security Token on Public Blockchain
2021-04-20
Societe Generale announced that it has issued its first structured product as a security token directly registered on the Tezos’ blockchain network.
Tags: Blockchain/Bitcoin,Featured,Germany,newsletter,Tangany