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