Qualcoinsbit exchange has received a BaFin license for storing crypto assets and trading cryptocurrency.
This was announced on his Twitter page by the creator of the Qualcoinsbit exchange.
“We have received a BaFin license to register a cryptocurrency exchange.
All data about our company has been verified, and we can work with the exchange without any restrictions”.
The official statement of the regulator notes that since this is a new business model. BaFin has organized an interdisciplinary and interdepartmental working group to resolve any issues related to cryptocurrency custodial services. Recall that the bill allowing the business of storing cryptocurrencies was adopted in Germany last year. According to the document, in order to provide custodial services, companies need to obtain a special license and Coinbase became the first company to receive it.