German DZ Bank receives MiCAR approval to open retail cryptocurrency trading portal for cooperative banks

Techub News reports that DZ Bank, Germany's second-largest bank, obtained MiCAR approval from the German Federal Financial Supervisory Authority (BaFin) at the end of December to operate the cryptocurrency platform "meinKrypto." DZ Bank stated that the platform will primarily serve institutions within its cooperative financial group and, after launch, will support these institutions in providing cryptocurrency trading services to retail clients. The first batch of supported cryptocurrencies includes Bitcoin, Ethereum, LTC, and ADA.