First Mover Americas: Altcoins Lead Gains and Deutsche Bank to Explore Tokenization

📆 2023/09/16 0:52:00

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📆 2023/09/16 0:52:00
📰 CoinDesk

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The latest price moves in crypto markets in context for Sept. 15, 2023.

Germany’s biggest lender, Deutsche Bank, said in June it had applied for a crypto custody license from the country’s financial watchdog, BaFin. The bank’s publicly known crypto custody ambitions stretch back to early 2021, when details about a digital asset custody prototype appeared in a report by the World Economic Forum.

While the central bank has turned accommodative this year, it has not yet resorted to the flood-like stimulus seen in 2015-16. The battered crypto market has been looking to PBOC to compensate for the monetary tightening in the West.

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