German tokenization company Cashlink obtains cryptocurrency custody license

Dec 20, 2024 15:34:43

the German tokenization company Cashlink has obtained a cryptocurrency custody license, having previously held a cryptocurrency securities registrar license. According to German law, when securities are issued on DLT, a registrar can be used instead of a central securities depository (CSD). With the new license, Cashlink can now manage the private keys associated with the tokenized securities it participates in issuing and registering.

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