Germany advances in the field of cryptocurrencies. Recently, Deutsche Bank joined crypto fund manager Galaxy Digital in working with Dutch market maker Flow Traders Ltd. to launch a euro-pegged stablecoin.
The three partners have worked on the creation of a company, called AllUnity, for the next…
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Deutsche Bank to offer cryptocurrency custody and tokenization services
Germany's largest bank, Deutsche Bank, announced that it will offer cryptocurrency custody and tokenization service after signing an alliance with the Taurus platform.
The German bank's interest in digital assets became palpable in 2021.…
The FED fines Deutsche Bank 186 million euros
The Federal Reserve of the United States (Fed) has fined the Deutsche Bank group, its division in New York and other subsidiaries in the country with 186.4 million dollars (166.7 million euros) after concluding that the German entity did…
Bank of Germany in negotiations to invest in cryptocurrencies
In an effort to revive its growth, Deutsche Bank has started talks with companies in the crypto sector in Germany.
The German bank, through Deutsche Bank's asset management arm DWS Group, is in "negotiations to buy a minority stake in…
Deutsche Bank earns more than a billion euros
Deutsche Bank started 2022 with rising net profit, which rose to 1.06 billion euros ($1.1 billion) in the first quarter, Germany's largest financial institution announced.
The result is 17 % more than the 908 million dollars obtained in…
Deutsche Bank expects ECB reaction to inflation
The president of Deutsche Bank and the Association of German Banks (BdB), Christian Sewing, stated that he expects a prompt reaction from the European Central Bank (ECB) in the face of the new increase in inflation.
“In the midst of all…
100 banks join the Swift Go service
One hundred banks, from around the world, have subscribed to the Swift Go service, which facilitates instant international payments to small businesses and consumers in a predictable, highly secure and competitively priced way from their…