Deutsche Bank Switches On Bitcoin Custody for Paying Clients

Deutsche Bank has switched on its digital asset custody service for paying clients, the German lender said Wednesday, letting institutions and corporations in Europe hold bitcoin with the country’s largest bank less than two months after it first unveiled the plan. The bank announced the service on Sept. 16, saying it would go live with first clients this year once regulators signed off. It now supports bitcoin and ether, along with the USDC, EURC and EURAU stablecoins, according to its product page .