DekaBank in Germany has received a banking cryptocurrency custody license from the country's regulatory agency BaFin and the European Central Bank (ECB). Commerzbank was the first German bank to receive a license last year, while other major banks, including DZ Bank, have not yet obtained a license. <\/p>
BaFin has issued 11 additional cryptocurrency custody licenses, mainly for cryptocurrency companies. One of them is the digital asset custody subsidiary of Hauck Aufhäuser Lampe Privatbank. <\/p>
The difference between DekaBank and Commerzbank and cryptocurrency companies is that the former is licensed under the Banking Act (KWG). This is the second new license obtained by DekaBank this year. In July, the company obtained an encrypted securities registration agency license for issuing DLT-based digital securities in Germany. These encrypted securities can be issued without the need for a central securities depository (CSD).<\/p>\n","feeling":"unknown","counter":{"LIKES":0,"DISLIKES":0,"COMMENTS":0},"dateBoard":{"dayHuman":"Today","monthAndDay":"12\/22","weekName":"Sunday","date":"2024-12-22","time":"15:11:12"},"newsItems":[],"titleColor":"","hot":{"value":0,"title":"","backgroundColor":"#FFFFFF"}},{"itemId":"601610","itemType":2,"title":"Swell: Bridge funds exceeded $120 million, mainly flowing in through the Stargate protocol","description":"Swell announced in a post on X that its bridging funds have exceeded 120 million US dollars, with more funds flowing in. ","coverImageUrl":"","publishedAt":"2024-12-22T07:08:35.000000Z","creator":null,"category":{"name":"Point","uri":"\/flash-news\/category\/point"},"uri":"\/flash-news\/swell-61099","actionItemType":"FLASH_NEWS","content":"{\"time\":1734851314765,\"blocks\":[{\"id\":\"6767b5627018b\",\"type\":\"paragraph\",\"data\":{\"text\":\"Swell announced in a post on X that its bridging funds have exceeded 120 million US dollars, with more funds flowing in. \"}},{\"id\":\"6767b56270192\",\"type\":\"paragraph\",\"data\":{\"text\":\"Major assets such as USDe from Ethena Labs, weETH from ether.fi, and rswETH from Swell are flowing in size and speed. Most of the funds are flowing through the Stargate full-chain transmission liquidity protocol (supported by LayerZero technology).\"}}],\"version\":\"2.26.5\"}","contentHTML":"
Swell announced in a post on X that its bridging funds have exceeded 120 million US dollars, with more funds flowing in. <\/p>
Major assets such as USDe from Ethena Labs, weETH from ether.fi, and rswETH from Swell are flowing in size and speed. Most of the funds are flowing through the Stargate full-chain transmission liquidity protocol (supported by LayerZero technology).<\/p>\n","feeling":"unknown","counter":{"LIKES":0,"DISLIKES":0,"COMMENTS":0},"dateBoard":{"dayHuman":"Today","monthAndDay":"12\/22","weekName":"Sunday","date":"2024-12-22","time":"15:08:35"},"newsItems":[],"titleColor":"","hot":{"value":0,"title":"","backgroundColor":"#FFFFFF"}},{"itemId":"601609","itemType":2,"title":"The Russian Central Bank announced the business model of the digital ruble. Local banks expressed dissatisfaction due to concerns about deposit outflows and high deployment costs.","description":"Central Bank of Russia recently shared its business model for the Central Bank Digital Currency (CBDC). By the end of 2025, all digital ruble transactions will be free, and the first batch of banks and merchants are expected to go online on July 1. The central bank plans to earn fees by operating the system. ","coverImageUrl":"","publishedAt":"2024-12-22T07:07:28.000000Z","creator":null,"category":{"name":"Point","uri":"\/flash-news\/category\/point"},"uri":"\/flash-news\/the-russian-central-bank-announced-the-business-model-of-the-digital-ruble-73173","actionItemType":"FLASH_NEWS","content":"{\"time\":1734851247314,\"blocks\":[{\"id\":\"6767b5a6cb8d3\",\"type\":\"paragraph\",\"data\":{\"text\":\"Central Bank of Russia recently shared its business model for the Central Bank Digital Currency (CBDC). By the end of 2025, all digital ruble transactions will be free, and the first batch of banks and merchants are expected to go online on July 1. The central bank plans to earn fees by operating the system. \"}},{\"id\":\"6767b5a6cb8da\",\"type\":\"paragraph\",\"data\":{\"text\":\"Meanwhile, at a hearing held in the Russian State Duma last week, the Association of Banks of Russia (ABR) expressed dissatisfaction with this. They are concerned that bank deposits may flow out and deployment costs may be too high. It is reported that the Central Bank of Russia does not intend to limit the amount of CBDC holdings. According to Info24, ABR Chairman Anatoly Kozlachkov said that the establishment cost of each bank is about 100 million rubles ($1 million), while the capital of some banks is only $3 million.\"}}],\"version\":\"2.26.5\"}","contentHTML":"
Central Bank of Russia recently shared its business model for the Central Bank Digital Currency (CBDC). By the end of 2025, all digital ruble transactions will be free, and the first batch of banks and merchants are expected to go online on July 1. The central bank plans to earn fees by operating the system. <\/p>
Meanwhile, at a hearing held in the Russian State Duma last week, the Association of Banks of Russia (ABR) expressed dissatisfaction with this. They are concerned that bank deposits may flow out and deployment costs may be too high. It is reported that the Central Bank of Russia does not intend to limit the amount of CBDC holdings. According to Info24, ABR Chairman Anatoly Kozlachkov said that the establishment cost of each bank is about 100 million rubles ($1 million), while the capital of some banks is only $3 million.<\/p>\n","feeling":"unknown","counter":{"LIKES":0,"DISLIKES":0,"COMMENTS":0},"dateBoard":{"dayHuman":"Today","monthAndDay":"12\/22","weekName":"Sunday","date":"2024-12-22","time":"15:07:28"},"newsItems":[],"titleColor":"","hot":{"value":0,"title":"","backgroundColor":"#FFFFFF"}},{"itemId":"601604","itemType":2,"title":"Washington Post: In addition to Microsoft and Amazon, NCPPR is negotiating with another large company on Bitcoin financial reserve proposal","description":" National Center for Public Policy Research (NCPPR), a conservative think tank in the United States that previously proposed adding Bitcoin to its financial reserves for Microsoft and Amazon, is planning to take broader action. NCPPR is currently in talks with another major company about a proposal for Bitcoin financial reserves, but has not yet disclosed the name of the company. As of now, Microsoft shareholders have voted against investing in Bitcoin, but it is still uncertain whether Amazon will adopt a more innovative strategy.","coverImageUrl":"","publishedAt":"2024-12-22T07:05:36.000000Z","creator":null,"category":{"name":"Point","uri":"\/flash-news\/category\/point"},"uri":"\/flash-news\/washington-post-93843","actionItemType":"FLASH_NEWS","content":"{\"time\":1734851135527,\"blocks\":[{\"id\":\"6767b5a6cbaff\",\"type\":\"paragraph\",\"data\":{\"text\":\" National Center for Public Policy Research (NCPPR), a conservative think tank in the United States that previously proposed adding Bitcoin to its financial reserves for Microsoft and Amazon, is planning to take broader action. NCPPR is currently in talks with another major company about a proposal for Bitcoin financial reserves, but has not yet disclosed the name of the company. As of now, Microsoft shareholders have voted against investing in Bitcoin, but it is still uncertain whether Amazon will adopt a more innovative strategy.\"}}],\"version\":\"2.26.5\"}","contentHTML":"
National Center for Public Policy Research (NCPPR), a conservative think tank in the United States that previously proposed adding Bitcoin to its financial reserves for Microsoft and Amazon, is planning to take broader action. NCPPR is currently in talks with another major company about a proposal for Bitcoin financial reserves, but has not yet disclosed the name of the company. As of now, Microsoft shareholders have voted against investing in Bitcoin, but it is still uncertain whether Amazon will adopt a more innovative strategy.<\/p>\n","feeling":"unknown","counter":{"LIKES":0,"DISLIKES":0,"COMMENTS":0},"dateBoard":{"dayHuman":"Today","monthAndDay":"12\/22","weekName":"Sunday","date":"2024-12-22","time":"15:05:36"},"newsItems":[],"titleColor":"","hot":{"value":0,"title":"","backgroundColor":"#FFFFFF"}},{"itemId":"601599","itemType":2,"title":"Crypto KOL: The current market correction is just a \"bull market breather\" rather than the \"end of the bull market\"","description":"crypto KOL and industry analyst Lark Davis believes that the current crypto market correction is just a \"breather\" rather than the end of the bull market, based on historical data analysis. He stated that in December 2020, after a significant increase, Bitcoin fell by 12% but rose by 136% in the following 23 days. The current drop of around 13% occurred after a similarly strong performance in the fourth quarter. However, Lark Davis pointed out that Bitcoin may still further correct by 10-15%, but emphasized that Bitcoin and the broader crypto market still have sufficient momentum. In addition, industry insiders also believe that adjustments during the price discovery phase are both common and necessary, usually lasting for several weeks, and the bull market cycle usually appears no more than four times.","coverImageUrl":"","publishedAt":"2024-12-22T07:04:15.000000Z","creator":null,"category":{"name":"Point","uri":"\/flash-news\/category\/point"},"uri":"\/flash-news\/crypto-kol-57627","actionItemType":"FLASH_NEWS","content":"{\"time\":1734851054606,\"blocks\":[{\"id\":\"6767b9329c7af\",\"type\":\"paragraph\",\"data\":{\"text\":\"crypto KOL and industry analyst Lark Davis believes that the current crypto market correction is just a \\\"breather\\\" rather than the end of the bull market, based on historical data analysis. He stated that in December 2020, after a significant increase, Bitcoin fell by 12% but rose by 136% in the following 23 days. The current drop of around 13% occurred after a similarly strong performance in the fourth quarter. However, Lark Davis pointed out that Bitcoin may still further correct by 10-15%, but emphasized that Bitcoin and the broader crypto market still have sufficient momentum. In addition, industry insiders also believe that adjustments during the price discovery phase are both common and necessary, usually lasting for several weeks, and the bull market cycle usually appears no more than four times.\"}}],\"version\":\"2.26.5\"}","contentHTML":"
crypto KOL and industry analyst Lark Davis believes that the current crypto market correction is just a \"breather\" rather than the end of the bull market, based on historical data analysis. He stated that in December 2020, after a significant increase, Bitcoin fell by 12% but rose by 136% in the following 23 days. The current drop of around 13% occurred after a similarly strong performance in the fourth quarter. However, Lark Davis pointed out that Bitcoin may still further correct by 10-15%, but emphasized that Bitcoin and the broader crypto market still have sufficient momentum. In addition, industry insiders also believe that adjustments during the price discovery phase are both common and necessary, usually lasting for several weeks, and the bull market cycle usually appears no more than four times.<\/p>\n","feeling":"unknown","counter":{"LIKES":0,"DISLIKES":0,"COMMENTS":0},"dateBoard":{"dayHuman":"Today","monthAndDay":"12\/22","weekName":"Sunday","date":"2024-12-22","time":"15:04:15"},"newsItems":[],"titleColor":"","hot":{"value":0,"title":"","backgroundColor":"#FFFFFF"}}]}