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The digital asset custody platform, which Deutsche Bank said at the time would be launched in stages, would eventually allow users to buy and sell digital assets through prime brokers and even provide services such as taxation, valuation services and fund administration, lending, staking and voting, and more. Original Source
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Germany’s largest banking institution, Deutsche Bank, has reportedly applied for a digital asset custody license to the country’s financial regulator, the Federal Financial Supervisory Authority, or BaFin, in a bid to expand its revenue streams, Bloomberg reported.This comes after a similar shift from the bank’s investment arm, DWS Group, and aims
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BlackRock has filed an application for a Bitcoin spot exchange traded fund (ETF). The investment company is the world’s largest and it would be the first crypto spot ETF in the United States, if it receives approval.According to a filling by the Nasdaq stock exchange with the U.S. Securities and Exchange Commission (SEC), Coinbase
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Binance appears to be preparing to exit Cyprus. The Cyprus Securities and Exchange Commission has marked Binance Cyprus Limited as “Under examination for application for deregistration” on its website. Previously, the cryptocurrency exchange received Class 3 registration as a Crypto Asset Services Provider (CASP) in Cyprus in October. At that time,
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Huobi saw its native token value surge on news that it had applied for a crypto trading license in Hong Kong. Huobi token (HT) has experienced an 18% surge following Huobi’s application for a crypto trading license in Hong Kong. The HT token traded at $6.1 as of press time, the
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The alleged operator of crypto exchange BTC-e, Alexander Vinnik, has asked to be released on bail due to the delay in court proceedings. In early August, the Russian IT specialist was extradited to the United States to face charges of money laundering through the now-defunct coin trading platform. Vinnik’s Defense
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While China is seemingly encouraging the ownership of NFTs, NFT prices have been down in the wake of a wider market rout.A Chinese court in Hangzhou city has applied its property law to nonfungible token (NFT) collections. The court ruled that NFTs are like online virtual property and should be
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Crypto lending platform Hodlnaut has filed an application to be put under creditor protection in Singapore. Original Source
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Crypto exchange FTX US has applied for a trust charter with the New York Department of Financial Services, or NYDFS, to operate in the state. In a Wednesday announcement, FTX US said it had applied to form a limited purpose trust company with New York's financial services regulator in an effort
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