The German bank Commerzbank is the first full-service bank in the country to receive a crypto custody license from local regulators.
Category: Commerzbank
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German banking giant Commerzbank applies for crypto license
A spokesperson for Commerzbank confirmed to local media that it applied for the license with BaFin earlier this year in a first for a major bank in Germany.
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Net Inflows Into Largest Gold ETF Surge Amidst Falling Stocks and Crypto Prices
Net inflows into SPDR Gold Shares surged to a new record of $1.63 billion, the highest since its listing in 2004. The surge of net inflows into one of the largest gold exchange-traded funds (ETFs) comes against a backdrop of falling cryptocurrency and stock values. Investors More Bullish on Gold One of the world’s largest […]Powered by WPeMatico
Deutsche Börse and Commerzbank invest in new digital asset venture
Deutsche Boerse invests $12 million in new holding company 360X to develop blockchain-based digital marketplaces featuring NFTs.
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Banks Turn Away Customer Deposits due to Negative Interest Rates in Germany
Banks in Germany are reportedly turning customer deposits away due to the negative interest rate imposed on them by the European Central Bank (ECB). Some banks are even offering online tools to help customers take their deposits elsewhere. Negative Interest Rates Imposed by ECB Force Banks to Turn Away Customer Deposits Banks in Germany have […]Powered by WPeMatico
Deutsche Boerse’s DLT Security Lending Platform Sees First Transactions
Three major banks carried out the first transactions on Deutsche Boerse and HQLAX’s DLT-enabled security lending platform
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Deutsche Boerse, Commerzbank Settle Tokenized Securities Using DLT
Deutsche Boerse, Commerzbank and MEAG complete a post-trade securities transaction using blockchain technology
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Major German Coop Bank Passes Negative Interest Rates to Customers
One of Germany’s largest cooperative banks has begun charging its retail customers a negative interest rate. Other major banks could follow suit since the European Central Bank cut the deposit rate to a record low. Deutsche Bank recently said that it needs to be “much more robust about passing on negative rates.” Also read: Massive […]
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Massive Layoffs: Banks Cutting Nearly 60,000 Jobs Worldwide
Banks are laying off workers across the globe as revenue declines throughout the sector. According to reports, banks have announced nearly 60,000 job cuts so far this year, with most of the layoffs happening in Europe, especially in Germany. Also read: Panic at 137 Bank Branches as RBI Limits Withdrawals to ₹1,000 Almost 60,000 Job […]
The post Massive Layoffs: Banks Cutting Nearly 60,000 Jobs Worldwide appeared first on Bitcoin News.
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Commerzbank Makes Milestone Blockchain Trade With Logistics Provider
Milestone trade transaction completed as logistics provider integrated in real time
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