Gerald Podobnik said Deutsche Bank will launch its first digital asset service within weeks, starting with crypto custody in Germany for Bitcoin, ether and other major coins, followed by stablecoin redemption. It plans to extend custody to Asian financial centres next year and offer tokenised deposits.
Deutsche Bank's Gerald Podobnik says crypto custody to launch in Germany within weeks
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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's Gerald Podobnik says crypto custody to launch in Germany within weeks
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