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Deutsche Bank reportedly applies for digital asset custody license from BaFin

Germany’s banking industry is slowly warming up to the crypto sector, with multiple partnerships and crypto services launching in 2023 after a long, cautious approach.


In February, Deutsche Bank Singapore, in partnership with Memento Blockchain, successfully completed trials for a tokenized investment platform called Project DAMA (Digital Assets Management Access).

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bafin, deutsche, deutsche bank, crypto, blockchain, regulation, policy, eu