PANews December 26 News, according to Financefeeds, the Dutch bank (ABN AMRO) subsidiary Hauck Aufhäuser Digital Custody has obtained authorization under the European Union’s Markets in Crypto-Assets Regulation (MiCAR). The MiCAR license enables the company to provide cryptocurrency custody and trading services for institutional clients within a unified European regulatory framework.
Along with obtaining regulatory approval, the Dutch bank also collaborated with the German central bank (DZ BANK) to complete its first international over-the-counter smart derivative contract transaction. The transaction lasted 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 Euro Payments Area (SEPA) and confirmed back to smart contracts, thereby enhancing transparency and operational speed.
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