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The German banking giant Deutsche Bank has recently announced that it will be offering Bitcoin trading to its 1,200 affiliate banks on a new platform. This move marks a major milestone in the mainstream adoption of cryptocurrencies, as one of the world’s largest banks is now offering its customers access to the digital asset.
Deutsche Bank’s new platform will allow its affiliate banks to offer Bitcoin trading to their customers. This will enable customers to buy, sell, and store Bitcoin, as well as use it to make payments. The platform will also provide access to other digital assets, such as Ethereum and Litecoin.
The move by Deutsche Bank is a major step forward for the cryptocurrency industry, as it shows that even traditional financial institutions are beginning to recognize the potential of digital assets. This could open the door for other banks to follow suit and offer their customers access to cryptocurrencies.
Deutsche Bank’s move is also a sign that the cryptocurrency industry is maturing. As more banks and financial institutions begin to offer digital asset trading, it will become easier for individuals and businesses to access and use cryptocurrencies. This could lead to increased adoption and usage of digital assets, which could have a positive impact on the industry as a whole.
Overall, Deutsche Bank’s move to offer Bitcoin trading to its 1,200 affiliate banks is a major milestone in the mainstream adoption of cryptocurrencies. It shows that even traditional financial institutions are beginning to recognize the potential of digital assets, and it could open the door for other banks to follow suit. This could lead to increased adoption and usage of digital assets, which could have a positive impact on the industry as a whole.
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There is really no article there.
>Securities processor Deutsche WertpapierService Bank will provide its affiliates with seamless integration with their current offerings, with more digital assets to come.
Read more on “Cointelegraph”
Without a link.
If you can’t beat them, join them
Anyone who turns to bitcoin will be saved in this inflationary period
Get with the times or get left behind 😀
At least they’re admitting they’re losing
Fill your bags while you can. I get the feeling that when BTC hits astronomical amounts, it will be when the banks are ALL major players.
Place limits on bitcoin related posts, like you have on all other coins, so moon farms stop shit posting every bitcoin article in existence.
Germany races ahead while US SEC is still tryjng to prosecute everything/everyone that touches crypto.
Website is a link to cointelegraph 🤣 this seems awesome but if banks claw back all the power and control by buying up crypto then we’ll end up being fucked in the same way as now, just with them controlling everything all over again.
Well, we all know the banks are responsible with their gambling. So, sure, let’s get them into unregulated crypto spaces. 1929 was baller. 2029 is around the corner, right?
Psshh. The “article” is really just a single sentence.
But basically:
“Deutsche WertpapierService Bank (Dwpbank), a s securities processor for around 1,200 banks in Germany, is creating a new platform, wpNex, that will offer Bitcoin (BTC) to all of its affiliates’ retail customers in the second half of this year.
It will feature crypto accounts alongside bank customers’
other accounts and **will not require additional Know Your Customer
procedures**, according to local media reports.”
No KYC with a bank? We’ll see how that turns out.