A recent report from KuCoin showed that almost half of all Germans<\/a> were motivated to invest in cryptocurrencies. If successful in their application, Commerzbank will make this process much easier for local residents.<\/li><\/ul>\n","post_title":"Commerzbank Is The First German Bank To Apply For A Crypto License","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"commerzbank-is-the-first-german-bank-to-apply-for-a-crypto-license","to_ping":"","pinged":"","post_modified":"2023-04-11 00:20:23","post_modified_gmt":"2023-04-10 14:20:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4495","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
\nMajor German bank Commerzbank has applied for a crypto license, the first bank in Germany to do so.<\/p>\n\n\n\n
- Commerzbank \"applied for the crypto custody license in the first quarter of 2022\" stated<\/a> a spokesperson to a local media outlet B\u00f6rsen-Zeitung.<\/li><\/ul>\n\n\n\n
- Commerzbank serves over 18 million customers and an additional 70k institutional clients.<\/li><\/ul>\n\n\n\n
- If the license is approved, Commerzbank will become a crypto custodian. This authorizes them to offer exchange services and custody or protection over cryptocurrency assets. <\/li><\/ul>\n\n\n\n
- Commerzbank isn't new to the blockchain industry. In collaboration with Deutsche B\u00f6rse, Commerzbank executed some of the first transactions<\/a> on Distributed Ledger Technology (DLT) <\/a>in the securities lending market back in 2019.<\/li><\/ul>\n\n\n\n
- Commerzbank collaborated<\/a> with Deutsche B\u00f6rse once again to invest in blockchain-based digital marketplace 360X last August.<\/li><\/ul>\n\n\n\n
- A recent report from KuCoin showed that almost half of all Germans<\/a> were motivated to invest in cryptocurrencies. If successful in their application, Commerzbank will make this process much easier for local residents.<\/li><\/ul>\n","post_title":"Commerzbank Is The First German Bank To Apply For A Crypto License","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"commerzbank-is-the-first-german-bank-to-apply-for-a-crypto-license","to_ping":"","pinged":"","post_modified":"2023-04-11 00:20:23","post_modified_gmt":"2023-04-10 14:20:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4495","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
\n
Opinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling, or holding of cryptocurrencies and digital assets.<\/p>\n","post_title":"DAMAC, A Dubai Real Estate Developer To Accept Crypto Payments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"damac-a-dubai-real-estate-developer-to-accept-crypto-payments","to_ping":"","pinged":"","post_modified":"2022-05-02 21:27:43","post_modified_gmt":"2022-05-02 11:27:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4757","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4495,"post_author":"1","post_date":"2022-04-21 17:34:07","post_date_gmt":"2022-04-21 07:34:07","post_content":"\n
Major German bank Commerzbank has applied for a crypto license, the first bank in Germany to do so.<\/p>\n\n\n\n
- Commerzbank \"applied for the crypto custody license in the first quarter of 2022\" stated<\/a> a spokesperson to a local media outlet B\u00f6rsen-Zeitung.<\/li><\/ul>\n\n\n\n
- Commerzbank serves over 18 million customers and an additional 70k institutional clients.<\/li><\/ul>\n\n\n\n
- If the license is approved, Commerzbank will become a crypto custodian. This authorizes them to offer exchange services and custody or protection over cryptocurrency assets. <\/li><\/ul>\n\n\n\n
- Commerzbank isn't new to the blockchain industry. In collaboration with Deutsche B\u00f6rse, Commerzbank executed some of the first transactions<\/a> on Distributed Ledger Technology (DLT) <\/a>in the securities lending market back in 2019.<\/li><\/ul>\n\n\n\n
- Commerzbank collaborated<\/a> with Deutsche B\u00f6rse once again to invest in blockchain-based digital marketplace 360X last August.<\/li><\/ul>\n\n\n\n
- A recent report from KuCoin showed that almost half of all Germans<\/a> were motivated to invest in cryptocurrencies. If successful in their application, Commerzbank will make this process much easier for local residents.<\/li><\/ul>\n","post_title":"Commerzbank Is The First German Bank To Apply For A Crypto License","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"commerzbank-is-the-first-german-bank-to-apply-for-a-crypto-license","to_ping":"","pinged":"","post_modified":"2023-04-11 00:20:23","post_modified_gmt":"2023-04-10 14:20:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4495","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
\n
The Distributed Disclaimer<\/strong><\/p>\n\n\n\nOpinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling, or holding of cryptocurrencies and digital assets.<\/p>\n","post_title":"DAMAC, A Dubai Real Estate Developer To Accept Crypto Payments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"damac-a-dubai-real-estate-developer-to-accept-crypto-payments","to_ping":"","pinged":"","post_modified":"2022-05-02 21:27:43","post_modified_gmt":"2022-05-02 11:27:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4757","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4495,"post_author":"1","post_date":"2022-04-21 17:34:07","post_date_gmt":"2022-04-21 07:34:07","post_content":"\n
Major German bank Commerzbank has applied for a crypto license, the first bank in Germany to do so.<\/p>\n\n\n\n
- Commerzbank \"applied for the crypto custody license in the first quarter of 2022\" stated<\/a> a spokesperson to a local media outlet B\u00f6rsen-Zeitung.<\/li><\/ul>\n\n\n\n
- Commerzbank serves over 18 million customers and an additional 70k institutional clients.<\/li><\/ul>\n\n\n\n
- If the license is approved, Commerzbank will become a crypto custodian. This authorizes them to offer exchange services and custody or protection over cryptocurrency assets. <\/li><\/ul>\n\n\n\n
- Commerzbank isn't new to the blockchain industry. In collaboration with Deutsche B\u00f6rse, Commerzbank executed some of the first transactions<\/a> on Distributed Ledger Technology (DLT) <\/a>in the securities lending market back in 2019.<\/li><\/ul>\n\n\n\n
- Commerzbank collaborated<\/a> with Deutsche B\u00f6rse once again to invest in blockchain-based digital marketplace 360X last August.<\/li><\/ul>\n\n\n\n
- A recent report from KuCoin showed that almost half of all Germans<\/a> were motivated to invest in cryptocurrencies. If successful in their application, Commerzbank will make this process much easier for local residents.<\/li><\/ul>\n","post_title":"Commerzbank Is The First German Bank To Apply For A Crypto License","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"commerzbank-is-the-first-german-bank-to-apply-for-a-crypto-license","to_ping":"","pinged":"","post_modified":"2023-04-11 00:20:23","post_modified_gmt":"2023-04-10 14:20:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4495","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
\n
\n\n\n\nThe Distributed Disclaimer<\/strong><\/p>\n\n\n\nOpinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling, or holding of cryptocurrencies and digital assets.<\/p>\n","post_title":"DAMAC, A Dubai Real Estate Developer To Accept Crypto Payments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"damac-a-dubai-real-estate-developer-to-accept-crypto-payments","to_ping":"","pinged":"","post_modified":"2022-05-02 21:27:43","post_modified_gmt":"2022-05-02 11:27:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4757","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4495,"post_author":"1","post_date":"2022-04-21 17:34:07","post_date_gmt":"2022-04-21 07:34:07","post_content":"\n
Major German bank Commerzbank has applied for a crypto license, the first bank in Germany to do so.<\/p>\n\n\n\n
- Commerzbank \"applied for the crypto custody license in the first quarter of 2022\" stated<\/a> a spokesperson to a local media outlet B\u00f6rsen-Zeitung.<\/li><\/ul>\n\n\n\n
- Commerzbank serves over 18 million customers and an additional 70k institutional clients.<\/li><\/ul>\n\n\n\n
- If the license is approved, Commerzbank will become a crypto custodian. This authorizes them to offer exchange services and custody or protection over cryptocurrency assets. <\/li><\/ul>\n\n\n\n
- Commerzbank isn't new to the blockchain industry. In collaboration with Deutsche B\u00f6rse, Commerzbank executed some of the first transactions<\/a> on Distributed Ledger Technology (DLT) <\/a>in the securities lending market back in 2019.<\/li><\/ul>\n\n\n\n
- Commerzbank collaborated<\/a> with Deutsche B\u00f6rse once again to invest in blockchain-based digital marketplace 360X last August.<\/li><\/ul>\n\n\n\n
- A recent report from KuCoin showed that almost half of all Germans<\/a> were motivated to invest in cryptocurrencies. If successful in their application, Commerzbank will make this process much easier for local residents.<\/li><\/ul>\n","post_title":"Commerzbank Is The First German Bank To Apply For A Crypto License","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"commerzbank-is-the-first-german-bank-to-apply-for-a-crypto-license","to_ping":"","pinged":"","post_modified":"2023-04-11 00:20:23","post_modified_gmt":"2023-04-10 14:20:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4495","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
\n
- Another Dubai-based company, YallaMarket, began accepting cryptocurrencies<\/a> as payments last month. <\/li><\/ul>\n\n\n\n
\n\n\n\nThe Distributed Disclaimer<\/strong><\/p>\n\n\n\nOpinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling, or holding of cryptocurrencies and digital assets.<\/p>\n","post_title":"DAMAC, A Dubai Real Estate Developer To Accept Crypto Payments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"damac-a-dubai-real-estate-developer-to-accept-crypto-payments","to_ping":"","pinged":"","post_modified":"2022-05-02 21:27:43","post_modified_gmt":"2022-05-02 11:27:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4757","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4495,"post_author":"1","post_date":"2022-04-21 17:34:07","post_date_gmt":"2022-04-21 07:34:07","post_content":"\n
Major German bank Commerzbank has applied for a crypto license, the first bank in Germany to do so.<\/p>\n\n\n\n
- Commerzbank \"applied for the crypto custody license in the first quarter of 2022\" stated<\/a> a spokesperson to a local media outlet B\u00f6rsen-Zeitung.<\/li><\/ul>\n\n\n\n
- Commerzbank serves over 18 million customers and an additional 70k institutional clients.<\/li><\/ul>\n\n\n\n
- If the license is approved, Commerzbank will become a crypto custodian. This authorizes them to offer exchange services and custody or protection over cryptocurrency assets. <\/li><\/ul>\n\n\n\n
- Commerzbank isn't new to the blockchain industry. In collaboration with Deutsche B\u00f6rse, Commerzbank executed some of the first transactions<\/a> on Distributed Ledger Technology (DLT) <\/a>in the securities lending market back in 2019.<\/li><\/ul>\n\n\n\n
- Commerzbank collaborated<\/a> with Deutsche B\u00f6rse once again to invest in blockchain-based digital marketplace 360X last August.<\/li><\/ul>\n\n\n\n
- A recent report from KuCoin showed that almost half of all Germans<\/a> were motivated to invest in cryptocurrencies. If successful in their application, Commerzbank will make this process much easier for local residents.<\/li><\/ul>\n","post_title":"Commerzbank Is The First German Bank To Apply For A Crypto License","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"commerzbank-is-the-first-german-bank-to-apply-for-a-crypto-license","to_ping":"","pinged":"","post_modified":"2023-04-11 00:20:23","post_modified_gmt":"2023-04-10 14:20:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4495","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
\n
- Dubai has been focusing its attention on providing a regulatory framework<\/a> that makes the city a safe and prosperous space for cryptocurrencies, through the Dubai Virtual Assets Regulatory Authority (VARA). This move has attracted the business of many companies as Dubai is on route to becoming a crypto hub.<\/li><\/ul>\n\n\n\n
- Another Dubai-based company, YallaMarket, began accepting cryptocurrencies<\/a> as payments last month. <\/li><\/ul>\n\n\n\n
\n\n\n\nThe Distributed Disclaimer<\/strong><\/p>\n\n\n\nOpinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling, or holding of cryptocurrencies and digital assets.<\/p>\n","post_title":"DAMAC, A Dubai Real Estate Developer To Accept Crypto Payments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"damac-a-dubai-real-estate-developer-to-accept-crypto-payments","to_ping":"","pinged":"","post_modified":"2022-05-02 21:27:43","post_modified_gmt":"2022-05-02 11:27:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4757","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4495,"post_author":"1","post_date":"2022-04-21 17:34:07","post_date_gmt":"2022-04-21 07:34:07","post_content":"\n
Major German bank Commerzbank has applied for a crypto license, the first bank in Germany to do so.<\/p>\n\n\n\n
- Commerzbank \"applied for the crypto custody license in the first quarter of 2022\" stated<\/a> a spokesperson to a local media outlet B\u00f6rsen-Zeitung.<\/li><\/ul>\n\n\n\n
- Commerzbank serves over 18 million customers and an additional 70k institutional clients.<\/li><\/ul>\n\n\n\n
- If the license is approved, Commerzbank will become a crypto custodian. This authorizes them to offer exchange services and custody or protection over cryptocurrency assets. <\/li><\/ul>\n\n\n\n
- Commerzbank isn't new to the blockchain industry. In collaboration with Deutsche B\u00f6rse, Commerzbank executed some of the first transactions<\/a> on Distributed Ledger Technology (DLT) <\/a>in the securities lending market back in 2019.<\/li><\/ul>\n\n\n\n
- Commerzbank collaborated<\/a> with Deutsche B\u00f6rse once again to invest in blockchain-based digital marketplace 360X last August.<\/li><\/ul>\n\n\n\n
- A recent report from KuCoin showed that almost half of all Germans<\/a> were motivated to invest in cryptocurrencies. If successful in their application, Commerzbank will make this process much easier for local residents.<\/li><\/ul>\n","post_title":"Commerzbank Is The First German Bank To Apply For A Crypto License","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"commerzbank-is-the-first-german-bank-to-apply-for-a-crypto-license","to_ping":"","pinged":"","post_modified":"2023-04-11 00:20:23","post_modified_gmt":"2023-04-10 14:20:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4495","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
\n
- Last year DAMAC's annual earnings report<\/a> showed over US$46M in net profits, developing properties across the globe; from UAE to Canada, and the Maldives to name a few.<\/li><\/ul>\n\n\n\n
- Dubai has been focusing its attention on providing a regulatory framework<\/a> that makes the city a safe and prosperous space for cryptocurrencies, through the Dubai Virtual Assets Regulatory Authority (VARA). This move has attracted the business of many companies as Dubai is on route to becoming a crypto hub.<\/li><\/ul>\n\n\n\n
- Another Dubai-based company, YallaMarket, began accepting cryptocurrencies<\/a> as payments last month. <\/li><\/ul>\n\n\n\n
\n\n\n\nThe Distributed Disclaimer<\/strong><\/p>\n\n\n\nOpinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling, or holding of cryptocurrencies and digital assets.<\/p>\n","post_title":"DAMAC, A Dubai Real Estate Developer To Accept Crypto Payments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"damac-a-dubai-real-estate-developer-to-accept-crypto-payments","to_ping":"","pinged":"","post_modified":"2022-05-02 21:27:43","post_modified_gmt":"2022-05-02 11:27:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4757","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4495,"post_author":"1","post_date":"2022-04-21 17:34:07","post_date_gmt":"2022-04-21 07:34:07","post_content":"\n
Major German bank Commerzbank has applied for a crypto license, the first bank in Germany to do so.<\/p>\n\n\n\n
- Commerzbank \"applied for the crypto custody license in the first quarter of 2022\" stated<\/a> a spokesperson to a local media outlet B\u00f6rsen-Zeitung.<\/li><\/ul>\n\n\n\n
- Commerzbank serves over 18 million customers and an additional 70k institutional clients.<\/li><\/ul>\n\n\n\n
- If the license is approved, Commerzbank will become a crypto custodian. This authorizes them to offer exchange services and custody or protection over cryptocurrency assets. <\/li><\/ul>\n\n\n\n
- Commerzbank isn't new to the blockchain industry. In collaboration with Deutsche B\u00f6rse, Commerzbank executed some of the first transactions<\/a> on Distributed Ledger Technology (DLT) <\/a>in the securities lending market back in 2019.<\/li><\/ul>\n\n\n\n
- Commerzbank collaborated<\/a> with Deutsche B\u00f6rse once again to invest in blockchain-based digital marketplace 360X last August.<\/li><\/ul>\n\n\n\n
- A recent report from KuCoin showed that almost half of all Germans<\/a> were motivated to invest in cryptocurrencies. If successful in their application, Commerzbank will make this process much easier for local residents.<\/li><\/ul>\n","post_title":"Commerzbank Is The First German Bank To Apply For A Crypto License","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"commerzbank-is-the-first-german-bank-to-apply-for-a-crypto-license","to_ping":"","pinged":"","post_modified":"2023-04-11 00:20:23","post_modified_gmt":"2023-04-10 14:20:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4495","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
\n
- Ali Sajwani, the GMO of DAMAC stated that the \"move towards customers holding cryptocurrency is one of our initiatives at DAMAC to accelerate the new economy for newer generations, and for the future of our industry.\"<\/li><\/ul>\n\n\n\n
- Last year DAMAC's annual earnings report<\/a> showed over US$46M in net profits, developing properties across the globe; from UAE to Canada, and the Maldives to name a few.<\/li><\/ul>\n\n\n\n
- Dubai has been focusing its attention on providing a regulatory framework<\/a> that makes the city a safe and prosperous space for cryptocurrencies, through the Dubai Virtual Assets Regulatory Authority (VARA). This move has attracted the business of many companies as Dubai is on route to becoming a crypto hub.<\/li><\/ul>\n\n\n\n
- Another Dubai-based company, YallaMarket, began accepting cryptocurrencies<\/a> as payments last month. <\/li><\/ul>\n\n\n\n
\n\n\n\nThe Distributed Disclaimer<\/strong><\/p>\n\n\n\nOpinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling, or holding of cryptocurrencies and digital assets.<\/p>\n","post_title":"DAMAC, A Dubai Real Estate Developer To Accept Crypto Payments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"damac-a-dubai-real-estate-developer-to-accept-crypto-payments","to_ping":"","pinged":"","post_modified":"2022-05-02 21:27:43","post_modified_gmt":"2022-05-02 11:27:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4757","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4495,"post_author":"1","post_date":"2022-04-21 17:34:07","post_date_gmt":"2022-04-21 07:34:07","post_content":"\n
Major German bank Commerzbank has applied for a crypto license, the first bank in Germany to do so.<\/p>\n\n\n\n
- Commerzbank \"applied for the crypto custody license in the first quarter of 2022\" stated<\/a> a spokesperson to a local media outlet B\u00f6rsen-Zeitung.<\/li><\/ul>\n\n\n\n
- Commerzbank serves over 18 million customers and an additional 70k institutional clients.<\/li><\/ul>\n\n\n\n
- If the license is approved, Commerzbank will become a crypto custodian. This authorizes them to offer exchange services and custody or protection over cryptocurrency assets. <\/li><\/ul>\n\n\n\n
- Commerzbank isn't new to the blockchain industry. In collaboration with Deutsche B\u00f6rse, Commerzbank executed some of the first transactions<\/a> on Distributed Ledger Technology (DLT) <\/a>in the securities lending market back in 2019.<\/li><\/ul>\n\n\n\n
- Commerzbank collaborated<\/a> with Deutsche B\u00f6rse once again to invest in blockchain-based digital marketplace 360X last August.<\/li><\/ul>\n\n\n\n
- A recent report from KuCoin showed that almost half of all Germans<\/a> were motivated to invest in cryptocurrencies. If successful in their application, Commerzbank will make this process much easier for local residents.<\/li><\/ul>\n","post_title":"Commerzbank Is The First German Bank To Apply For A Crypto License","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"commerzbank-is-the-first-german-bank-to-apply-for-a-crypto-license","to_ping":"","pinged":"","post_modified":"2023-04-11 00:20:23","post_modified_gmt":"2023-04-10 14:20:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4495","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
\n
- DAMAC stated in a press release<\/a> on Wednesday that they will begin accepting both Bitcoin ($BTC) and Ethereum ($ETH). This decision supports Damac's vision \"of leveraging technology to provide innovative solutions to evolved customers,\" and to \"revolutionise the future of real estate.\"<\/li><\/ul>\n\n\n\n
- Ali Sajwani, the GMO of DAMAC stated that the \"move towards customers holding cryptocurrency is one of our initiatives at DAMAC to accelerate the new economy for newer generations, and for the future of our industry.\"<\/li><\/ul>\n\n\n\n
- Last year DAMAC's annual earnings report<\/a> showed over US$46M in net profits, developing properties across the globe; from UAE to Canada, and the Maldives to name a few.<\/li><\/ul>\n\n\n\n
- Dubai has been focusing its attention on providing a regulatory framework<\/a> that makes the city a safe and prosperous space for cryptocurrencies, through the Dubai Virtual Assets Regulatory Authority (VARA). This move has attracted the business of many companies as Dubai is on route to becoming a crypto hub.<\/li><\/ul>\n\n\n\n
- Another Dubai-based company, YallaMarket, began accepting cryptocurrencies<\/a> as payments last month. <\/li><\/ul>\n\n\n\n
\n\n\n\nThe Distributed Disclaimer<\/strong><\/p>\n\n\n\nOpinions and information expressed through The Distributed is not investment advice. Any action a reader may take upon the information on our website is at their own risk. The Distributed does not recommend any buying, selling, or holding of cryptocurrencies and digital assets.<\/p>\n","post_title":"DAMAC, A Dubai Real Estate Developer To Accept Crypto Payments","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"damac-a-dubai-real-estate-developer-to-accept-crypto-payments","to_ping":"","pinged":"","post_modified":"2022-05-02 21:27:43","post_modified_gmt":"2022-05-02 11:27:43","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4757","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":4495,"post_author":"1","post_date":"2022-04-21 17:34:07","post_date_gmt":"2022-04-21 07:34:07","post_content":"\n
Major German bank Commerzbank has applied for a crypto license, the first bank in Germany to do so.<\/p>\n\n\n\n
- Commerzbank \"applied for the crypto custody license in the first quarter of 2022\" stated<\/a> a spokesperson to a local media outlet B\u00f6rsen-Zeitung.<\/li><\/ul>\n\n\n\n
- Commerzbank serves over 18 million customers and an additional 70k institutional clients.<\/li><\/ul>\n\n\n\n
- If the license is approved, Commerzbank will become a crypto custodian. This authorizes them to offer exchange services and custody or protection over cryptocurrency assets. <\/li><\/ul>\n\n\n\n
- Commerzbank isn't new to the blockchain industry. In collaboration with Deutsche B\u00f6rse, Commerzbank executed some of the first transactions<\/a> on Distributed Ledger Technology (DLT) <\/a>in the securities lending market back in 2019.<\/li><\/ul>\n\n\n\n
- Commerzbank collaborated<\/a> with Deutsche B\u00f6rse once again to invest in blockchain-based digital marketplace 360X last August.<\/li><\/ul>\n\n\n\n
- A recent report from KuCoin showed that almost half of all Germans<\/a> were motivated to invest in cryptocurrencies. If successful in their application, Commerzbank will make this process much easier for local residents.<\/li><\/ul>\n","post_title":"Commerzbank Is The First German Bank To Apply For A Crypto License","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"open","post_password":"","post_name":"commerzbank-is-the-first-german-bank-to-apply-for-a-crypto-license","to_ping":"","pinged":"","post_modified":"2023-04-11 00:20:23","post_modified_gmt":"2023-04-10 14:20:23","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=4495","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
