Boerse Stuttgart Digital Custody has achieved a significant milestone by becoming Germany's first fully licensed crypto asset service provider under the EU's Markets in Crypto-Assets Regulation (MiCA). This license was granted just two weeks after MiCA became fully effective on December 30, making it the world's first comprehensive regulatory framework for crypto-asset service providers. The German Federal Financial Supervisory Authority, BaFin, issued the license on January 17, as part of Boerse Stuttgart's strategy to serve as a regulated infrastructure provider for banks, brokers, and asset managers. Bernd Stockmann, the head of group communications for Boerse Stuttgart Group, confirmed the licensing in an email to Cointelegraph, emphasizing their commitment to providing authorized crypto asset services. This move marks a significant step towards formalizing the regulatory environment for cryptocurrency activities in Germany and reinforces Boerse Stuttgart's position in the evolving market.

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