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Rashawn Russell admits wrongdoing after falsely promising investors ‘assured profits’ for their crypto investments. Rashawn Russell, a former investment banking professional at Deutsche Bank, is preparing to enter a guilty plea on charges of cryptocurrency fraud, according to new court filings. Russell had initially entered a not-guilty plea in April after federal
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As bitcoin (BTC) moves higher, the recently shorted alternative cryptocurrencies like Solana's SOL may see leverage liquidations and exaggerated price rallies. Since Monday's brief move below crucial support at $25,000, bitcoin has risen over 6% to trade near $26,600, CoinDesk data show. Upbeat China August retail sales and factory output
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Deutsche Bank with about €1.3 trillion in assets under management will leverage the Taurus tokenization to manage customers’ digital assets. Germany’s leading banking institution for over 150 years Deutsche Bank AG (NYSE: DB) has announced a strategic partnership with Taurus SA to provide crypto asset custody services to its global
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On Sep. 14, Deutsche Bank, an international financial institution headquartered in Germany, divulged its strategic foray into crypto and blockchain technology after collaborating with Taurus, a Swiss enterprise with expertise in multiple domains—ranging from the issuance of digital currencies to the secure custody and trading of tokenized assets and non-fungible
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“We won the deal a couple of quarters ago, so the bank became a client and then decided to take a stake in Taurus,” Brahimi said in an interview with CryptoX. “The partnership focuses on cryptocurrencies, but we are well known for going beyond cryptocurrencies. So, where it sees fit,
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The German bank was one of a handful of company’s to invest in a $65 million, series B fundraising round for Taurus in Feb. 2023. The company offers enterprise-grade infrastructure to issue, manage custody and trade cryptocurrencies, tokenized assets, nonfungible tokens (NFTs) and other digital assets.According to Taurus co-founder Lamine
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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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Bitcoin (BTC) achieved new highs for the month after the June 20 Wall Street open as observers stayed cautious on market strength.BTC/USD 1-day chart. Source: TradingView“No meaningful trend shift” for Bitcoin yetData from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching $27,499 on Bitstamp.The pair saw its highest levels since
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied According to a BNN Bloomberg report, Deutsche Bank — a leading global financial institution — has recently submitted an application to the German securities regulator, Bafin, seeking approval to provide custody services for digital assets, including
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Deutsche Bank’s application for regulatory approval is a positive step toward the development of a regulatory framework for digital asset custody services in Germany. Deutsche Bank AG (ETR: DBK), one of the leading financial institutions in the world, is seeking regulatory approval from Germany’s financial market regulator, BaFin, to operate a
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