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The fintech branch of Germany’s WEG Bank is teaming up with Anquan Capital, a tech incubator out of Singapore, to explore the use of blockchain in financial services and banking. So reports Cointelegraph.

blockchain 3448502 1920“The collaboration appears poised to see WEG’s Ten31 provide digital asset custody services for Anquan affiliates—with Anqlave offering custody solutions to enterprise clients,” according to the article. Similarly, WEG Bank is also permitted to provide trading and custody services in Estonia’s crypto market after securing licensing in August of 2019.

Read the full article from Cointelegraph.

Last modified on Friday, 22 May 2020
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