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Deutsche Bank Reportedly Plans Crypto Custody Service

  • Deutsche Bank is planning to launch its cryptocurrency custody service in 2026, with the help of crypto exchange Bitpanda's technology division.
  • The banking giant will also collaborate with Swiss tech company Taurus on the custody service, following its corporate bank's initial announcement in 2022.
  • The move comes as major banks are increasing their focus on digital assets, driven by new European regulations and a more favorable crypto environment in the U.S.
  • Deutsche Bank may expand its digital asset efforts by considering issuing its own stablecoin or participating in a larger project, alongside other banking institutions exploring the stablecoin space.

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