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Wu said that ABN AMRO announced its German subsidiary Hauck Aufhäuser Digital Custody has obtained the EU MiCAR license, allowing it to provide crypto asset custody services for institutional clients under a unified regulatory framework. At the same time, ABN AMRO and DZ Bank completed their first blockchain-based international over-the-counter smart derivative contract (SDC) transaction, achieving full automation of the settlement, valuation, and margin management processes.