German Fintech 21X Secures EU License for Blockchain-Based Trading Platform

Quick Summary:

This approval marks the first time an entity has been granted a license for a fully regulated trading and settlement system under the EU’s DLT Pilot Regime (DLTR).

21X, a German fintech firm, has secured regulatory approval from BaFin, Germany’s financial supervisory authority, to operate a blockchain-based tokenization platform.

It combines the efficiency of blockchain technology with potent regulatory oversight.

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Article Details

Author / Journalist: Sarayu Krishna

Category: Crypto

Markets: United Arab EmiratesGermany

Topics: Market News Blockchain

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-03 @ 13:30:56 (1 days ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 298 words

Reading Time: 2 minutes read

Sentences: 30 lines

Sentence Length: 10 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TheNewsCrypto

News ID: 24096550

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About TheNewsCrypto

Main Topics: Crypto

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Update Frequency: 23 posts per day

Year Established: 2020

Headquarters: United Arab Emirates

News Last Updated: 11 hours ago

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