Luka Müller: Sygnum Bank & MME Legal – Crypto Regulations & Institutional Investors
Epicenter - Learn about Crypto, Blockchain, Ethereum, Bitcoin and Distributed Technologies
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The Decision to Offer Only to Businesses
This is all manual brokerage. I mean, manual. Yes, to a certain extent, it is, it's not a DeFi exchange, which is running fully automatically. No, it's quite, quite, quite optimized. Why did you make the decision to not offer to retail, but only to businesses? Two reasons. Our banking license at them, which for which we applied is limited. That not the license, actually, our organization internal under the license is limited for qualified investors. If we actually would have applied also for, or enlarged our organization also for the retail, this would have been a complete other organizational set up. And for us, we decided to limit our offering for
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