It is the first "full-service" German bank to secure this license.
The bank plans to leverage blockchain technology to provide crypto custody services to institutional clients.
Commerzbank, a German financial institution, has secured a
crypto custody license from local regulators. This positions Commerzbank as the
first "full-service" German bank to be granted such a license under
the legal framework of the German Banking Act.
Commerzbank's Plan for Traditional and Digital Assets
The license allows Commerzbank to provide custody services
for crypto assets, a capability to offer a range of digital asset services.
Jörg Oliveri del Castillo-Schulz, the Chief Operating Officer of Commerzbank,
stated that it underscores the bank's keenness to embrace the latest
technologies.
Jörg Oliveri del Castillo-Schulz, COO,Commerzbank, Source: LinkedIn
Commerzbank seeks to establish a secure platform that
complies with local regulations and to leverage blockchain technology to offer
crypto custody services to its institutional clients. As the cryptocurrency
market gains mainstream acceptance, Commerzbank aims to provide its clientele
with services encompassing traditional and digital financial assets.
BaFin Expedites Licensing Approach for Crypto Custody
Services
Germany's financial market regulator, BaFin, is set to
accelerate its current approach to licensing crypto custody services. BaFin's President, Mark Branson, announced this initiative during the Handelsblatt
Banking Summit in Frankfurt, highlighting its significance in instilling
confidence among investors amid growing volatility and skepticism in the crypto
markets.
The new licensing strategy by BaFin has notable implications
for crypto custody providers, signaling a move in response to the crypto
landscape. The regulatory body has observed a surge in application processes
for crypto custody licenses, completing twice as many in the first eight months
of 2023 compared to the entire previous year.
Branson emphasized the importance of the evaluation process.
The regulator aims to ensure that only companies with a viable business model,
ample start-up capital, and reliable management staff receive permission to
operate in the crypto market.
Branson's remarks underscore BaFin's recognition of both the
risks and rewards associated with the crypto market. He emphasized the
necessity for thorough scrutiny in this sector.
However, BaFin's commitment to regulation does not come
without challenges. The regulatory body has recently joined the anti-Binance
sentiment, rejecting the company's license application in Germany. Binance has
been facing regulatory issues in Europe, exiting Cyprus and the Netherlands amid
legal challenges in the United States.
Commerzbank, a German financial institution, has secured a
crypto custody license from local regulators. This positions Commerzbank as the
first "full-service" German bank to be granted such a license under
the legal framework of the German Banking Act.
Commerzbank's Plan for Traditional and Digital Assets
The license allows Commerzbank to provide custody services
for crypto assets, a capability to offer a range of digital asset services.
Jörg Oliveri del Castillo-Schulz, the Chief Operating Officer of Commerzbank,
stated that it underscores the bank's keenness to embrace the latest
technologies.
Jörg Oliveri del Castillo-Schulz, COO,Commerzbank, Source: LinkedIn
Commerzbank seeks to establish a secure platform that
complies with local regulations and to leverage blockchain technology to offer
crypto custody services to its institutional clients. As the cryptocurrency
market gains mainstream acceptance, Commerzbank aims to provide its clientele
with services encompassing traditional and digital financial assets.
BaFin Expedites Licensing Approach for Crypto Custody
Services
Germany's financial market regulator, BaFin, is set to
accelerate its current approach to licensing crypto custody services. BaFin's President, Mark Branson, announced this initiative during the Handelsblatt
Banking Summit in Frankfurt, highlighting its significance in instilling
confidence among investors amid growing volatility and skepticism in the crypto
markets.
The new licensing strategy by BaFin has notable implications
for crypto custody providers, signaling a move in response to the crypto
landscape. The regulatory body has observed a surge in application processes
for crypto custody licenses, completing twice as many in the first eight months
of 2023 compared to the entire previous year.
Branson emphasized the importance of the evaluation process.
The regulator aims to ensure that only companies with a viable business model,
ample start-up capital, and reliable management staff receive permission to
operate in the crypto market.
Branson's remarks underscore BaFin's recognition of both the
risks and rewards associated with the crypto market. He emphasized the
necessity for thorough scrutiny in this sector.
However, BaFin's commitment to regulation does not come
without challenges. The regulatory body has recently joined the anti-Binance
sentiment, rejecting the company's license application in Germany. Binance has
been facing regulatory issues in Europe, exiting Cyprus and the Netherlands amid
legal challenges in the United States.
Tareq is a financial writer with 15 years of experience covering global markets. His work spans technical analysis, forex broker reviews, and market sentiment, with a focus on topics relevant to retail traders. He joined Finance Magnates in 2023.
At Finance Magnates, he serves as News Editor, covering retail forex and CFD brokers, cryptocurrency exchanges, fintech firms, and regulatory developments shaping the trading industry. He holds an Honours degree in Information Technology from Anfell College, London.
Education:
Honours degree Information Technology, Anfell College, London
CMC Markets’ Artur Delijergijevs on Metals Demand, Volatility, & Stable Execution
CMC Markets’ Artur Delijergijevs on Metals Demand, Volatility, & Stable Execution
In this exclusive Executive Interview, Finance Magnates speaks with Artur Delijergijevs, Head of Systematic Market Making at CMC Markets, about the current state of metals demand and market volatility.
Delijergijevs offers a desk-level view on:
- Metals Demand: Why metals are seeing the strongest demand from both retail and institutional clients right now.
- The Safe-Haven Debate: Questioning whether gold still fits the classic safe-haven definition given large daily price movements.
- Volatile Market Prep: How a market-making desk prepares its systems and pricing for stressed market conditions and high-impact economic events.
- Hybrid Execution: Why the best execution model combines electronic speed with human relationship support, especially during volatility.
- AI in Workflow: Where CMC Markets is integrating machine learning for risk management and pricing, and the limitations of AI during stressed markets.
- Dubai's Role: The strategic importance of Dubai’s location for covering global trading sessions across Asia, Europe, and the US.
Watch to understand how CMC Markets maintains stable pricing and reliable execution quality in high-volatility environments.
#CMCmarkets #forex #metals #gold #trading #volatility #MarketMaking #iFXDubai #FinanceMagnates #Finance #Fintech #Execution #AlgorithmicTrading #RiskManagement
In this exclusive Executive Interview, Finance Magnates speaks with Artur Delijergijevs, Head of Systematic Market Making at CMC Markets, about the current state of metals demand and market volatility.
Delijergijevs offers a desk-level view on:
- Metals Demand: Why metals are seeing the strongest demand from both retail and institutional clients right now.
- The Safe-Haven Debate: Questioning whether gold still fits the classic safe-haven definition given large daily price movements.
- Volatile Market Prep: How a market-making desk prepares its systems and pricing for stressed market conditions and high-impact economic events.
- Hybrid Execution: Why the best execution model combines electronic speed with human relationship support, especially during volatility.
- AI in Workflow: Where CMC Markets is integrating machine learning for risk management and pricing, and the limitations of AI during stressed markets.
- Dubai's Role: The strategic importance of Dubai’s location for covering global trading sessions across Asia, Europe, and the US.
Watch to understand how CMC Markets maintains stable pricing and reliable execution quality in high-volatility environments.
#CMCmarkets #forex #metals #gold #trading #volatility #MarketMaking #iFXDubai #FinanceMagnates #Finance #Fintech #Execution #AlgorithmicTrading #RiskManagement
Finance Magnates Awards 2026 – Nominations Now Open
Finance Magnates Awards 2026 – Nominations Now Open
The Finance Magnates Awards 2026 nominations are now open. 🏆
From fintech innovators to leading brokers, this is where the finance industry celebrates its biggest achievements.
Winners will be announced at the Cyprus Gala Dinner on November 6, 2026.
Nominate your brand now.
https://awards.financemagnates.com/?utm_source=linkedin&utm_medium=video&utm_campaign=nominations-open
#FMAwards #FinanceMagnates #FintechAwards #Fintech #FinanceIndustry
The Finance Magnates Awards 2026 nominations are now open. 🏆
From fintech innovators to leading brokers, this is where the finance industry celebrates its biggest achievements.
Winners will be announced at the Cyprus Gala Dinner on November 6, 2026.
Nominate your brand now.
https://awards.financemagnates.com/?utm_source=linkedin&utm_medium=video&utm_campaign=nominations-open
#FMAwards #FinanceMagnates #FintechAwards #Fintech #FinanceIndustry
Finance Magnates Awards 2026 | Nominations Now Open 🏆#Fintech #FMAwards #TradingIndustry
Finance Magnates Awards 2026 | Nominations Now Open 🏆#Fintech #FMAwards #TradingIndustry
Lights on. Cameras ready. 🎬
Finance Magnates Awards 2026 nominations are now open. 🏆
#FMAwards #FinanceMagnates #FintechAwards #Fintech
Lights on. Cameras ready. 🎬
Finance Magnates Awards 2026 nominations are now open. 🏆
#FMAwards #FinanceMagnates #FintechAwards #Fintech
Exness sees trust as the key theme for growth in MENA Trading Growth for 2026
Exness sees trust as the key theme for growth in MENA Trading Growth for 2026
Mohammad Amer, Regional Commercial Director at Exness, sits down to discuss the booming MENA financial trading market. Find out why Dubai is key to the company's growth strategy, how a mobile-first generation is changing expectations, and why trust will be the defining theme for traders in 2026.
In this interview, you'll learn:
* Why Dubai and the MENA region are critical growth markets for fintech and online trading.
* How Exness is addressing the demands of mobile-first, younger traders through engineering, platform stability, and transparent conditions.
* The essential role local talent plays in providing a culturally relevant and compliant user experience.
* Mohammad Amer's outlook on the future of the online trading industry and why stronger controls and systems are necessary.
* Why "trust" isn't just a brand value, but has commercial value—and why he predicts 2026 will be the "Year of Trust."
Key Takeaways:
➡️ The MENA region is rapidly shaping global financial markets.
➡️ New traders expect stability, precise execution, and transparency.
➡️ Local expertise is key to regulatory compliance and user experience.
➡️ Future success belongs to firms capable of meeting rising standards across regulation and platform consistency.
Read the full article at: https://www.financemagnates.com/thought-leadership/exness-sees-trust-as-the-key-theme-for-growth-in-mena-trading-growth-for-2026/
#Exness #MENA #Trading #FinTech #Dubai #OnlineTrading #FinanceMagnates #MohammadAmer #Trust #MobileTrading
Mohammad Amer, Regional Commercial Director at Exness, sits down to discuss the booming MENA financial trading market. Find out why Dubai is key to the company's growth strategy, how a mobile-first generation is changing expectations, and why trust will be the defining theme for traders in 2026.
In this interview, you'll learn:
* Why Dubai and the MENA region are critical growth markets for fintech and online trading.
* How Exness is addressing the demands of mobile-first, younger traders through engineering, platform stability, and transparent conditions.
* The essential role local talent plays in providing a culturally relevant and compliant user experience.
* Mohammad Amer's outlook on the future of the online trading industry and why stronger controls and systems are necessary.
* Why "trust" isn't just a brand value, but has commercial value—and why he predicts 2026 will be the "Year of Trust."
Key Takeaways:
➡️ The MENA region is rapidly shaping global financial markets.
➡️ New traders expect stability, precise execution, and transparency.
➡️ Local expertise is key to regulatory compliance and user experience.
➡️ Future success belongs to firms capable of meeting rising standards across regulation and platform consistency.
Read the full article at: https://www.financemagnates.com/thought-leadership/exness-sees-trust-as-the-key-theme-for-growth-in-mena-trading-growth-for-2026/
#Exness #MENA #Trading #FinTech #Dubai #OnlineTrading #FinanceMagnates #MohammadAmer #Trust #MobileTrading
Paytiko CEO Razi Salih on Why Payment Orchestration is a MUST-HAVE for Brokers in 2026
Paytiko CEO Razi Salih on Why Payment Orchestration is a MUST-HAVE for Brokers in 2026
At iFX Expo Dubai, Finance Magnates spoke with Razi Salih, CEO at Paytiko, about the evolution of the payments ecosystem and why payment orchestration has shifted from an option to a necessity for brokers, prop firms, and exchanges.
Mr. Salih explains how global expansion, the need for deep localisation, and the sheer number of new payment methods, from instant banking to stablecoins, are driving this critical infrastructure shift.
#PaymentOrchestration #Fintech #Brokerage #TradingPayments #RaziSalih #Paytiko #iFXExpoDubai #Stablecoins #AIinFintech
At iFX Expo Dubai, Finance Magnates spoke with Razi Salih, CEO at Paytiko, about the evolution of the payments ecosystem and why payment orchestration has shifted from an option to a necessity for brokers, prop firms, and exchanges.
Mr. Salih explains how global expansion, the need for deep localisation, and the sheer number of new payment methods, from instant banking to stablecoins, are driving this critical infrastructure shift.
#PaymentOrchestration #Fintech #Brokerage #TradingPayments #RaziSalih #Paytiko #iFXExpoDubai #Stablecoins #AIinFintech
