德意志交易所激發了德國機構加密貨幣的採用

德意志交易所子公司 Crypto Finance 獲得了 BaFin 頒發的四張加密服務許可證，為德意志交易所數位資產交易所 DBDX 的推出鋪平了道路。德國的監管環境仍然是進步和審慎的，機構加密貨幣採用勢頭強勁，鞏固了德國作為歐洲領先加密貨幣市場的地位。

Deutsche Börse Powers Institutional Crypto Adoption in Germany

德意志交易所推動德國機構採用加密貨幣

Deutsche Börse, one of the financial behemoths in Germany, has made significant strides in the burgeoning cryptosphere. Its subsidiary, Crypto Finance, has secured a quartet of essential crypto licenses from the German financial regulatory authority, BaFin, opening the gateway for the launch of DBDX, Deutsche Börse's institutional crypto exchange. This development heralds a transformative era for the adoption of cryptocurrencies by institutional investors within the European economic powerhouse.

德國金融巨頭之一德意志交易所在新興的加密領域取得了重大進展。其子公司 Crypto Finance 已從德國金融監管機構 BaFin 獲得了四張重要的加密貨幣許可證，為德意志交易所的機構加密貨幣交易所 DBDX 的推出打開了大門。這一發展預示著歐洲經濟強國中機構投資者採用加密貨幣的變革時代。

Crypto Finance Secures Regulatory Clarity in Germany

加密金融確保德國監管清晰

Crypto Finance, acquired by Deutsche Börse in 2021, has been granted licenses from BaFin for a comprehensive suite of crypto services:

Crypto Finance 於 2021 年被德意志交易所收購，已獲得 BaFin 頒發的全套加密服務許可證：

• Trading crypto assets
• Settling crypto transactions
• Providing crypto custody services
• Managing alternative investment funds with crypto as the underlying asset

This regulatory approval empowers Crypto Finance to offer these services to institutional investors domiciled in Germany. Armed with these licenses, Deutsche Börse is poised to launch DBDX, its long-awaited digital asset exchange catering to institutional clientele.

交易加密資產 結算加密交易 提供加密託管服務 管理以加密為基礎資產的另類投資基金 這項監管批准使 Crypto Finance 能夠向在德國註冊的機構投資者提供這些服務。有了這些許可證，德意志交易所準備推出 DBDX，這是其期待已久的面向機構客戶的數位資產交易所。

Crypto Finance's regulatory ambit extends beyond Germany, as it also holds licenses for crypto financial services in Switzerland. The acquisition of additional licensing in the eurozone's economic behemoth expands its operational footprint across Europe.

Crypto Finance 的監管範圍超出了德國，因為它還擁有瑞士的加密金融服務許可證。歐元區經濟巨頭獲得額外許可擴大了在歐洲的業務足跡。

Deutsche Börse's Crypto Ambitions: A Symphony of Innovation and Digitization

德意志交易所的加密貨幣野心：創新與數位化的交響曲

For Deutsche Börse, the parent company of the venerable Frankfurt Stock Exchange, this foray into the crypto realm is an integral component of its overarching digitization strategy. The company aims to harness the vast growth potential of blockchain technology and the crypto ecosystem.

對於歷史悠久的法蘭克福證券交易所的母公司德意志交易所來說，進軍加密領域是其整體數位化策略的一個組成部分。該公司的目標是利用區塊鏈技術和加密生態系統的巨大成長潛力。

Deutsche Börse's forward momentum with the DBDX exchange stands in stark contrast to the setbacks encountered by other proposed institutional crypto exchanges, such as ICE's Bakkt exchange.

德意志交易所 DBDX 交易所的前進勢頭與其他擬議的機構加密貨幣交易所（例如 ICE 的 Bakkt 交易所）遇到的挫折形成鮮明對比。

Positive Signals for Crypto in Germany

德國加密貨幣的正面訊號

The news of Crypto Finance's regulatory approval follows hot on the heels of Germany's Commerzbank receiving the regulatory nod to launch crypto custody services, signaling a growing embrace of digital assets by traditional financial institutions.

繼德國商業銀行獲得監管機構批准推出加密貨幣託管服務之後，加密金融獲得監管批准的消息傳出，這表明傳統金融機構越來越多地接受數位資產。

However, the regulatory landscape for crypto in Germany is not entirely without its complexities. The country's authorities continue to enforce strict measures against illicit activities involving Bitcoin. In January 2023, German regulators seized a staggering $2.13 billion worth of Bitcoin linked to copyright infringement and money laundering. While such stringent actions contribute to the legitimization of the asset class, the uncertainty surrounding the government's plans for the seized coins has fueled concerns about potential market impacts.

然而，德國的加密貨幣監管環境並非完全沒有複雜性。該國當局繼續對涉及比特幣的非法活動採取嚴格措施。 2023 年 1 月，德國監管機構查獲了價值 21.3 億美元的與侵犯版權和洗錢有關的比特幣。雖然如此嚴格的行動有助於該資產類別的合法化，但政府扣押代幣計畫的不確定性引發了人們對潛在市場影響的擔憂。

Despite these regulatory nuances, the trajectory for institutional crypto adoption in Germany's economic powerhouse appears optimistic. Germany occupies a leading position in the continent's crypto industry:

儘管存在這些監管細微差別，但德國經濟強國機構加密貨幣採用的軌跡似乎很樂觀。德國在非洲大陸的加密貨幣產業中​​佔據領先地位：

Germany's Crypto Industry Revenue Set for Steep Growth

德國加密貨幣產業收入將大幅成長

Germany's crypto market is projected to witness exponential growth in the years to come. Statista forecasts industry revenue to reach approximately $2.5 billion by 2028, a significant surge from the $186 million recorded in 2022. The licenses obtained by Crypto Finance tap directly into this rapidly expanding market's immense potential.

德國的加密貨幣市場預計在未來幾年將呈指數級增長。 Statista 預測，到 2028 年，行業收入將達到約 25 億美元，較 2022 年的 1.86 億美元大幅增長。 Crypto Finance 獲得的許可證直接挖掘了這個快速擴張的市場的巨大潛力。

The Path Forward for Institutional Crypto Adoption

機構加密貨幣採用的前進之路

With Crypto Finance's regulatory approval, the spotlight now shifts to the imminent launch of Deutsche Börse's institutional-grade crypto exchange, DBDX.

隨著 Crypto Finance 獲得監管部門的批准，現在的焦點轉移到德意志交易所即將推出的機構級加密貨幣交易所 DBDX 上。

These licenses also underscore Germany's progressive yet prudent approach to regulating digital assets compared to other large economies. Regulations governing crypto custody and crypto-based funds indicate Germany's emergence as a global standard-setter.

這些許可證也凸顯了與其他大型經濟體相比，德國在監管數位資產方面採取的漸進而審慎的態度。管理加密貨幣託管和基於加密貨幣的基金的法規表明德國已成為全球標準制定者。

For mainstream institutional adoption, regulatory clarity is paramount. The guarantees provided by entities like Crypto Finance offer the legal bedrock for large investors to expand into crypto with confidence.

對於主流機構的採用來說，監管的清晰度至關重要。 Crypto Finance 等實體提供的擔保為大型投資者充滿信心地擴展到加密貨幣領域提供了法律基礎。

Across the European landscape, more traditional financial players continue to flock to the crypto space:

在整個歐洲，更多的傳統金融參與者繼續湧入加密貨幣領域：

• Large banks like Switzerland's Julius Baer
• Investment banks like Societe Generale
• Payments giants like Mastercard

Deutsche Börse's successful acquisition of regulatory backing consolidates Germany's leadership as more giants embrace crypto.

隨著越來越多的巨頭擁抱加密貨幣，瑞士寶盛銀行等大型銀行、法國興業銀行等投資銀行、萬事達卡等支付巨頭德意志交易所成功獲得監管支持，鞏固了德國的領導地位。

With a robust licensing framework in place, Germany seems poised as the next global epicenter for institutional crypto investment.

憑藉強大的授權框架，德國似乎有望成為機構加密貨幣投資的下一個全球中心。

Conclusion

結論

The regulatory licenses obtained by Deutsche Börse's crypto subsidiary represent a watershed moment for institutional cryptocurrency adoption in Germany. They pave the way for the launch of DBDX, the company's digital asset exchange for professional investors.

德意志交易所加密貨幣子公司獲得的監管許可代表德國機構加密貨幣採用的分水嶺時刻。它們為該公司面向專業投資者的數位資產交易所 DBDX 的推出鋪平了道路。

In conjunction with Germany's Commerzbank recently securing permission for crypto custody, this signals the growing acceptance of digital assets by established financial institutions. Stringent enforcement by authorities can also contribute to the legitimization of cryptocurrencies as an asset class.

德國商業銀行最近獲得了加密貨幣託管許可，這標誌著成熟的金融機構越來越接受數位資產。當局的嚴格執法也有助於加密貨幣作為資產類別的合法化。

Germany is solidifying its leadership in institutional crypto adoption, emerging as a significant global economy at the forefront of blockchain regulation. The licenses offer legal assurances for large investors to expand confidently into the asset class.

德國正在鞏固其在機構加密貨幣採用方面的領導地位，成為處於區塊鏈監管前沿的重要全球經濟體。這些許可證為大型投資者自信地擴展到該資產類別提供了法律保證。

With its vast growth projections, progressive regulatory climate, and openness to innovation, Germany is poised to become the next global hub for mainstream institutional cryptocurrency investment. As more giants like Deutsche Börse continue embracing digital assets, the nascent asset class moves closer to established markets.

憑藉其巨大的成長預測、漸進的監管環境和對創新的開放態度，德國有望成為主流機構加密貨幣投資的下一個全球中心。隨著德意志交易所等越來越多的巨頭繼續擁抱數位資產，新興的資產類別正在向成熟市場靠攏。