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Deutsche Bank Awaits Regulatory Nod for Institutional Crypto Custody
The bank expects approval in October as it prepares to offer Bitcoin, Ether and stablecoin custody to institutional clients.
- On Wednesday, Deutsche Bank announced plans to launch regulated digital asset custody services for institutional and corporate clients in Europe later this year, pending final regulatory approval.
- Deutsche Bank, a Global Systemically Important Bank, first revealed these plans in 2023 through a partnership with Taurus after applying for its custody license in Germany.
- Initial support includes Bitcoin, Ether, and select stablecoins like Circle USDC, EURC, and AllUnity EUR, with plans to expand into tokenized financial instruments later.
- Spokesperson Heinrich told Cointelegraph the bank expects to receive the license under the MiCA framework in October, following the July 1 enforcement date.
- Other German banks are also offering similar solutions; Landesbank Baden-W started offering crypto custody after partnering with Austria-based Bitpanda in 2024.
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The Frankfurter Geldhaus wants to offer to institutional investors and companies the storage of Bitcoin, Ether and Stablecoins soon – and is therefore later than the competition.
·Düsseldorf, Germany
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Crypto Custody Gains Ground As Deutsche Bank Prepares 2026 Launch
Deutsche Bank plans to launch its institutional crypto custody service later in 2026, subject to regulatory approval. The platform will initially support Bitcoin, Ether, USDC, EURC and EURAU, while future additions will depend on demand and internal approval.
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Total News Sources22
Leaning Left0Leaning Right1Center3Last UpdatedBias Distribution75% Center
Bias Distribution
- 75% of the sources are Center
75% Center
C 75%
R 25%
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