ABN AMRO Secures EU MiCAR Approval for Crypto Asset Custody and Launches Cross-Border Blockchain SDC Trade with DZ BANK

ABN AMRO has advanced its European digital asset program by securing MiCAR authorization for Hauck Aufhäuser Digital Custody. With BaFin approval, the unit will offer crypto asset custody and trading to institutional clients under a unified EU framework. The move enables passporting across member states as part of the bank’s European digital asset strategy.

In tandem, ABN AMRO closed a cross-border OTC Smart Derivative Contract trade with DZ BANK. The 10-day process runs on blockchain, delivering on-chain settlement, automated valuation, and collateral management, while daily SEPA cash flows reconcile to the contract. The setup reduces collateral disputes and settlement risk in traditional OTC trades.

Collectively, these milestones strengthen ABN AMRO’s EU digitization push, delivering institutional-grade custody, trading, and digital-settlement capabilities and signaling a scalable model for cross-border crypto activity under MiCAR.