DB - Bitcoin Ethereum Dogecoin Rise After Deutsche Bank Launches Crypto Custody Services: Analyst Expects King Crypto To Reach This Level If It Breaks $26600 Threshold | Benzinga
Major cryptocurrencies experienced a notable surge on Thursday evening following the news of Deutsche Bank’s (NYSE:DB) partnership with Taurus.
What Happened: Deutsche Bank, Germany’s largest lender, revealed that it had submitted an application for a crypto custody license to BaFin in June, the country’s financial watchdog. The bank will leverage Taurus’ to effectively handle cryptocurrencies, tokenized assets, and digital assets.
Traders analyzed the impact of a ruling in the FTX court case that momentarily unsettled markets earlier this week.
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