Deutsche Bank Partners with Bitpanda in Cautious Crypto Shift

Jun 4, 2024, 06:50 AM

Deutsche Bank has announced a partnership with Bitpanda to facilitate customer deposits and withdrawals for the Austrian crypto exchange. This move marks a cautious shift by Deutsche Bank into the crypto space, as the industry has previously struggled to find reliable banking partners. The collaboration aims to enable real-time crypto payments, enhancing the efficiency and reliability of transactions for Bitpanda's customers. The companies disclosed this information to Reuters on June 4, 2024.