ABN AMRO's German subsidiary, Hauck Aufhäuser Digital Custody, has received authorization under the European Union's Crypto Asset Market Regulation (MiCAR). This license allows the firm to offer cryptocurrency custody and trading services to institutional clients across Europe under a unified regulatory framework. In addition to securing the MiCAR license, ABN AMRO partnered with DZ Bank to execute its first international over-the-counter smart derivatives contract transaction. The transaction, which lasted ten days, utilized distributed ledger technology for full automation. Key processes such as settlement, valuation, and collateral management were conducted on-chain, with daily payments processed instantly via the Single European Payments Area (SEPA), enhancing transparency and operational efficiency.