Deutsche Bank plans to offer crypto custody, letting corporate and institutional clients hold and transfer Bitcoin, ether and stablecoins including USDC, EURC and EURAU. Its German service is due within weeks, subject to regulatory approval; BaFin authorised it under MiCA on 12 Oct, and the bank aims to expand to Asia in 2027.
Deutsche Bank plans crypto custody in Asia by 2027 as German service nears
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The story so far: Deutsche Bank crypto custody launch
Deutsche Bank received BaFin approval under MiCA on 12 Oct and launched crypto custody in Germany for institutional clients, supporting BTC, ETH and stablecoins such as USDC. The service is now open to paying customers, and the bank has signed a memorandum of understanding with DWS to explore tokenised money market…
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Deutsche Bank plans crypto custody in Asia by 2027 as German service nears
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