Today Bloomberg reported that Deutsche Bank has applied to German regulator BaFin for a digital asset custody licence. David Lynne mentioned the news during a conference earlier this week. He heads the Corporate Bank.
Additionally, HSBC’s CEO told Fortune that it is working on a digital asset custody solution.
The news is not a huge surprise as Deutsche Bank invested in Taurus in February and at the time it said it planned to integrate its digital asset custody solution.
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