Reported 4 months ago
Deutsche Bank has teamed up with Bitpanda to facilitate customer deposits and withdrawals for the Austrian crypto broker, marking a move towards increased mainstream financial integration in the crypto industry. This partnership allows Bitpanda users in Germany to access local bank account numbers via Germany's largest bank for fiat currency transactions. Deutsche Bank's global head of cash management emphasized a 'cautious' approach and strict compliance processes when choosing partners, with the goal of becoming the preferred bank for virtual asset investing platforms.
Source: YAHOO