In its latest guidance released in January, the regulator said firms already custodying digital assets for Germans would not be penalized for not having a license. Instead, they’d be grandfathered into the same protection that crypto custody firms based in Germany already have under the new law.
from CoinDesk https://ift.tt/2H0Ur0m
Thursday, 6 February 2020
Germany’s BaFin Clarifies Licensing Process for Foreign Crypto Custodians
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