German Financial Landscape Transformed as Crypto Custody Services Launch
by aria-crypto.com
March 11, 2025 at 16:28
German Financial Landscape Transformed as Crypto Custody Services Launch
Deutsche Börse's Clearstream is set to revolutionize the German financial scene by launching Bitcoin and Ethereum custody services for 2,500 institutional clients by April 2025. This development is part of a broader plan to introduce additional services such as staking, lending, and brokerage. Positioned as a bridge between traditional finance and cryptocurrencies, Clearstream aims to provide a regulated and secure solution that complies with Germany's stringent financial standards. The move comes amidst Germany's aggressive stance against crypto-related crimes, highlighted by the recent shutdown of 47 illegal exchanges involved in money laundering activities. These services are expected to bolster Germany's position in the global crypto market, providing a compliant sanctuary for institutional investors. Commerzbank has also entered the fray, offering regulated crypto trading and custody services, further strengthening the infrastructure required for institutional crypto adoption in Germany. This combined effort signifies a significant shift toward legitimizing crypto assets within Germany's financial ecosystem.
Read more
>> US Legislative Efforts Ramp Up to Limit IRS Overreach on DeFi in the Cryptocurrency Realm
The US House of Representatives has recently taken decisive action by voting to repeal the IRS's DeFi broker rule, which had aimed to extend rigorous financial reporting requirements onto decentralized finance ...
>> SEC Postpones Approvals for Dogecoin, Litecoin, Solana, XRP ETFs Amid Regulatory Reviews
The US Securities and Exchange Commission (SEC) has pushed back the approval process for a series of exchange-traded funds (ETFs) involving cryptocurrencies such as Dogecoin, Litecoin, Solana, and XRP. This del...
13 minutes ago
>> US Treasury Boosts Bitcoin and Crypto Holdings, A Step Towards Enhancing Financial Prospects
The US Treasury, under the direction of the recently appointed "crypto czar" David Sacks, is setting its sights on bolstering the value of cryptocurrencies such as Bitcoin and XRP, which are part of its digital...
an hour ago
>> SEC, Franklin Templeton, and the Evolving Crypto ETF Landscape
Franklin Templeton has submitted an application to the SEC to launch an XRP ETF, joining the ranks of other financial giants in the competition to establish cryptocurrency funds. The ETF, set to be traded on th...
an hour ago
>> CaixaBank and Kutxabank Forge Ahead with Crypto Trade Plans Amid Regulatory Changes
Spain witnesses a significant shift in the banking sector with CaixaBank, Kutxabank, and Renta 4 embarking on the journey to introduce crypto services, following the footsteps of BBVA. This move comes after the...
4 hours ago
>> US Crypto Outlook: Solana Faces a Tough Road Ahead, Dollar Weakness Anticipated
A prominent crypto strategist, known for accurately predicting market moves, has delivered a bleak forecast for Solana (SOL), indicating that the cryptocurrency will remain in a bear market until at least mid t...
5 hours ago
>> EU Regulators Probe OKX Amid Allegations of Laundered Bybit Funds Under MiCA Rules
European regulators are currently investigating OKX's Web3 platforms, due to suspicions that these services facilitated the laundering of approximately $100 million stolen from Bybit. This inquiry stems from ac...
>> US Bitcoin Strategy: A Unified Push for Global Leadership and Digital Superiority
Earlier today, the "Bitcoin For America" summit held in Washington D.C., advocated for an aggressive U.S. adoption of Bitcoin, coinciding with recent policy moves such as President Trump's strategic reserve exe...
6 hours ago
>> Court Orders Coercive Measures in Bitcoin Seizure Standoff
A recent ruling by the Puerto Rico federal court has escalated the legal confrontation involving Juan Carlos Reynoso, who has defied a court order by not surrendering 119.65 Bitcoin, valued at approximately $9....
7 hours ago
>> Canada Crypto Controversy: Trump's Tariffs Stir Market Uncertainty
President Trump's recent announcement of new tariffs on Canada directly impacts the crypto market, revealing a tough stance against the northern neighbor. These tariffs come as a response to Ontario's own tarif...
10 hours ago
All the latest crypto news in one place
Stay informed and up-to-date on the market's latest news with our Terminal's News Aggregator with curated news articles and analysis from over 50 sources, including the crypto's biggest publications.
Launch Terminal
