Germany’s Second-Largest Stock Exchange To Enable Institutional Bitcoin Trading Through Subsidiary

Boerse Stuttgart Digital has received its final license from Germany’s financial regulator BaFin to offer bitcoin trading and custody. Boerse Stuttgart Digital, a subsidiary of the second largest stock exchange in Germany, has received the final license as a cryptocurrency custodian from Germany’s financial regulator, BaFin. The license allows the exchange to provide institutional investors the ability to trade bitcoin on the platform as well as to act as a custodian. The exchange has been offering custody services through its Blocknox platform since January 2020, under a provisional license. With this new licensing, it will join the ranks of several