Germany Launches Its First Crypto Exchange

New reports reveal that Germany has launched its first crypto exchange. According to reports, Germany’s VPE Wertpapierhandelsbank AG recently announced that the country has launched its first institutional investor cryptocurrency trading services.

It was stated in the announcement that the services are the first of their kind in the country. The report added that the new services are backed by a Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) license. VPE stated that in terms of brokerage offerings to its customers, it is dedicated to providing the best technology that is well regulated and secured.