Cryptocurrencies, previously considered speculative investments, are now being embraced by financial giants who recognize their potential advantages and opportunities.
Deutsche Bank, the largest European banking institution with a balance sheet exceeding 1.3 trillion euros, has decided to join the global crypto industry.
The bank has applied for a license to provide digital asset custody services. If approved, Deutsche Bank will be able to offer secure storage services for cryptocurrencies on behalf of institutional and individual investors.
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