Deutsche Bank Applies for Crypto Custody License

Deutsche Bank AG, Germany's biggest bank, is seeking to expand its services related to digital assets such as cryptocurrencies.

• 2023-06-21
• Deutsche Bank digital assets Germany biggest bank

Deutsche Bank Wants to Enter Cryptocurrency Market: Applies for Digital Asset Custody License

Deutsche Bank AG (NYSE: DB) has reportedly submitted a regulatory application to operate a custody service for digital assets, including cryptocurrencies. David Lynne, the head of the bank's commercial banking unit, shared this information during a conference. "We're building out our digital assets and custody business," David Lynne, who runs the lender's commercial banking unit, said at a conference Tuesday. "We just put our application into the Bafin for the digital asset license," he said, re

• 2023-06-20
• Deutsche Bank digital assets David Lynne regulatory application corporate bank

Bitcoin Edges Below $28K as Investors Weigh Deutsche Bank Contagion Fears

But the largest cryptocurrency by market capitalization is still up about 16% in March. Ether dropped below $1,800.

• 2023-03-25
• Deutsche Bank CoinDesk changing hands Cryptocurrency

Santander, HSBC, Deutsche and Others Still Willing to Serve Crypto Clients After Banking Failures, DCG Says

Major banks are still willing to work with crypto firms though they may implement service restrictions, according to messages viewed by CoinDesk.

• 2023-03-14
• Deutsche Bank Signature Bank Bridge Bank Silicon Valley Bank DCG Bank Leumi Bank of America banking accounts HSBC Senate Banking Committee