Deutsche Bank reportedly plans to launch a crypto custody service in 2026 with Bitpanda and Taurus, expanding its digital asset initiatives in Europe.
Deutsche Bank News
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Deutsche Bank-backed Taurus launched a Solana-based custody and tokenization platform that allows banks to issue and manage digital assets.
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This week’s Crypto Biz explores Coinbase's wBTC controversial delisting, Deutsche Bank’s blockchain, USDT in Europe, FTX creditors repayment and BVNK’s move to the United States.
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Deutsche Bank is building a layer-2 blockchain on Ethereum using ZKsync to enhance compliance in regulated finance.
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The companies indicated plans to expand their partnership to the United Kingdom and other European countries in the coming months.
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Deutsche Bank joins fellow investors Peak XV Partners, JP Morgan, Jump Trading Group, Standard Chartered, Temasek and Valor Capital Group.
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The partnership with Deutsche Bank allows Bitpanda to offer real-time inbound and outbound cash payments for German crypto traders using German International Bank Account Numbers.
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Analysts at Deutsche Bank also argued Tether’s solvency status is “questionable,” which the stablecoin firm said is “ironic” considering the bank’s own history with fines.
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The Landesbank Baden-Württemberg will start offering crypto custody services to institutional clients starting in the second half of 2024.
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AllUnity, a new joint venture by DWS, Galaxy, and Flow Traders, plans to issue the euro stablecoin on all major public permissionless L1s and L2s, as well as DeFi use cases.
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Rashawn Russell faces up to 30 years in prison for his role in the fraudulent cryptocurrency trading scheme.
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Deutsche Bank is set to offer customers cryptocurrency custody options through a partnership with cryptocurrency infrastructure platform Taurus.
14539 - Market Update
Bitcoin price performance nails its highest levels this month, but analysts are waiting for the weekly candle close.
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Germany’s banking industry is slowly warming up to the crypto sector, with multiple partnerships and crypto services launching in 2023 after a long, cautious approach.
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An indicator of European bank default risk soars and stocks tumble on March 24 amid renewed fears surrounding the financial system.
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