News
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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Deutsche Bank News
Deutsche Bank is a German bank established in 1870 in Berlin and headquartered in Frankfurt, Germany. Deutsche Bank is considered to be one of the main and most influential financial institutions in the world, being the 17th largest by total assets. Deutsche Bank is included in such stock indices as the Euro Stoxx 50 and the DAX. Deutsche Bank has many fields of operation that are divided between various units. Some of them are Deutsche Bank Research, Global Capital Markets — which are units of the Corporate and Investment Bank and Wealth Management — and Private & Commercial Clients — parts of the Private and Commercial Bank. Deutsche Bank is seen as one of the contributors to the establishment of the 2007-2008 financial crisis, a 2015 sanction violator and a participant of tax evasion, espionage and The Libor scandal — all of mentioned actions were compensated with huge fines to U.S., British and German authorities.
- News
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.
14355 - 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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Project DAMA is a novel digital asset management access system for transacting tokenized securities.
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