Germany’s biggest bank, Deutsche Bank, is reportedly planning to allow its clients to store cryptocurrencies like Bitcoin next year. Deutsche Bank plans to launch a digital assets custody service in 2026 in collaboration with the technology unit of Austria-based Bitpanda crypto exchange, Bloomberg reported on Tuesday. The crypto custody service’s development will also involve Deutsche Bank-backed Swiss technology…
Asset manager Grayscale received approval from the US Securities and Exchange Commission (SEC) on Tuesday to convert its Digital Large-Cap Fund into an exchange-traded fund (ETF). The fund consists of the five biggest cryptocurrencies by market capitalization featured in the CoinDesk Five Index. Roughly 80.2% of the weighted fund is Bitcoin (BTC), followed by Ether…
Cryptocurrency regulations are increasingly aligning with global standards; 73% of eligible jurisdictions have now passed laws to implement the Financial Action Task Force’s (FATF) Travel Rule. The Travel Rule mandates crypto service providers to collect and share users’ transaction data, similar to traditional finance requirements. On June 26, the FATF released its annual report that outlines how…