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Deutsche Bank launches crypto custody services including Bitcoin and Ethereum

BeInCrypto +1 · ·by G4L

DB Deutsche Bank AG
$37.10 +1.45%
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  1. 1Deutsche Bank launched crypto custody services supporting Bitcoin, Ethereum, stablecoins, and electronic money tokens on Wednesday.
  2. 2Deutsche Bank started this service 41 months after applying to the German regulator BaFin in June 2023.
  3. 3Deutsche Bank signed a memorandum of understanding on Wednesday to explore further cooperation regarding digital assets with Deutsche Asset Management.

So what's the key point?

Deutsche Bank has started a service to safely store virtual assets like Bitcoin. After 41 months of preparation, the bank plans to cooperate further in the digital asset field.

Source BeInCrypto +1 · View original ↗

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