{"id":45115,"date":"2021-06-28T19:59:05","date_gmt":"2021-06-28T16:59:05","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=45115"},"modified":"2025-08-31T20:10:11","modified_gmt":"2025-08-31T17:10:11","slug":"coinbase-to-begin-offering-cryptocurrency-custody-services-in-germany","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/coinbase-to-begin-offering-cryptocurrency-custody-services-in-germany\/","title":{"rendered":"Coinbase to begin offering cryptocurrency custody services in Germany"},"content":{"rendered":"<p>The Nasdaq-listed bitcoin exchange Coinbase has received authorization to provide cryptocurrency custody services in Germany. This is stated on the <a href=\"https:\/\/www.bafin.de\/SharedDocs\/Veroeffentlichungen\/DE\/Meldung\/2021\/meldung_2021_06_28_Coinbase_Germany_Kryptoerlaubnis.html\">site<\/a> of the Federal Financial Supervisory Authority (BaFin).<\/p>\n<p><!--more--><\/p>\n<p>The German unit Coinbase Germany GmbH is the first holder of such a license, according to the statement. The BaFin-established interagency group will oversee custody-related matters pertaining to digital assets.<\/p>\n<p>In March 2020, the regulator classified digital assets as financial instruments.<\/p>\n<p>In April 2021, the Bundestag approved a bill allowing institutional funds from July 1 to <a href=\"https:\/\/forklog.com\/en\/news\/germany-allows-institutional-funds-to-invest-in-crypto-assets\">invest up to 20% of assets in cryptocurrencies<\/a>.<\/p>\n<p>Earlier, BaFin warned investors <a href=\"https:\/\/forklog.com\/en\/news\/bafin-flags-potential-binance-breaches-in-tokenised-stock-service-launch\">about possible breaches of securities laws by Binance<\/a> in the launch of trading tokenised shares.<\/p>\n<p>Subscribe to ForkLog&#8217;s channel on <a href=\"https:\/\/www.youtube.com\/channel\/UCC9FnXTC8_ENzaNSO5cHQ6g\" target=\"_blank\" rel=\"nofollow noopener\">YouTube<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Nasdaq-listed bitcoin exchange Coinbase has received permission to provide cryptocurrency custody services in Germany. This is stated on the site of the Federal Financial Supervisory Authority (BaFin).<\/p>\n","protected":false},"author":1,"featured_media":45116,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1527,138,109],"class_list":["post-45115","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bafin","tag-coinbase","tag-germany"],"aioseo_notices":[],"amp_enabled":true,"views":"32","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/45115","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=45115"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/45115\/revisions"}],"predecessor-version":[{"id":45117,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/45115\/revisions\/45117"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/45116"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=45115"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=45115"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=45115"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}