ABN AMRO obtains EU MiCAR authorization and completes its first international smart derivatives contract transaction.

PANews reported on December 26th that, according to Financefeeds, Hauck Aufhäuser Digital Custody, the German subsidiary of ABN AMRO, has been authorized under the European Union's Crypto Asset Market Regulation (MiCAR). The MiCAR license enables the company to provide cryptocurrency custody and trading services to institutional clients within a unified European regulatory framework.

Alongside obtaining regulatory approval, ABN AMRO also partnered with DZ Bank to complete its first international over-the-counter smart derivatives contract transaction. This transaction ran for ten days and was fully automated using distributed ledger technology. Settlement, valuation, and collateral management were all completed on-chain, with daily payments executed instantly via the Single European Payments Area (SEPA) and confirmed back to the smart contract, thus improving transparency and operational speed.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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