Crypto.com Partners with Deutsche Bank to Expand Banking Services
11.12.2024 11:30 1 min. read Alexander Zdravkov
Crypto.com has partnered with Deutsche Bank to offer corporate banking services across the Asia-Pacific region, including Singapore, Australia, and Hong Kong.
The collaboration will enable Deutsche Bank to provide digital asset custody, fiat-to-crypto exchanges, and cross-border trading to crypto businesses. The companies are considering expanding their partnership into the UK and Europe.
Based in Singapore, Crypto.com continues to grow in the region, recently acquiring Australian brokerage Fintek Securities to offer traditional financial products. In Hong Kong, Crypto.com operates under a ‘deemed to be licensed’ status while awaiting official regulatory approval.
Crypto adoption in the region is booming, with Singapore, Hong Kong, and the UAE leading the way. Crypto.com is diversifying by adding traditional financial services, with plans for stocks, derivatives, banking services, and credit card solutions in 2025. The exchange also acquired U.S. broker-dealer Watchdog Capital to expand its offerings to U.S. traders.
Other exchanges, like OKX, are following suit, with OKX introducing fiat deposits and withdrawals in Singapore after securing a local payment institution license.
-
1
Top Economist Warns of a Major Risk for Michael Saylor’s Bitcoin Strategy
26.02.2025 18:14 1 min. read -
2
Venture Capitalists Call Current Crypto Dip a Typical Mid-Bull Market Correction
26.02.2025 11:00 2 min. read -
3
Pi Network Faces Pressure as Major Token Unlock Approaches
07.03.2025 16:55 1 min. read -
4
Robinhood’s Crypto Trading to Triple by 2026, Bernstein Analysts Predict
22.02.2025 11:00 2 min. read -
5
US Banks Can Officially Engage in Crypto Activities Without Prior Approval
08.03.2025 21:00 1 min. read
Global Concerns Rise Over Trump’s Pro-Crypto Policies and Their Economic Impact
President Donald Trump’s pro-crypto policies have sparked global debate, with many in the U.S. praising them while Europe expresses concern over potential financial instability.
Jim Cramer’s Bearish Market Predictions Spark Divided Investor Sentiment
The financial sector, including the stock market, has faced a challenging start to the year, with several downturns and unsettling crashes over the past few months.
OKX Shuts Down DEX Aggregator After EU Probe
OKX has taken its DEX aggregator offline after an EU investigation uncovered its role in laundering funds from the $1.5 billion Bybit hack.
Wells Fargo Sues JPMorgan Over Alleged Fraud in $481 Million Real Estate Loan
A major legal showdown has erupted between two of the top U.S. banks over a massive commercial real estate loan, with Wells Fargo taking JPMorgan Chase to court over claims of financial misconduct.
-
1
Top Economist Warns of a Major Risk for Michael Saylor’s Bitcoin Strategy
26.02.2025 18:14 1 min. read -
2
Venture Capitalists Call Current Crypto Dip a Typical Mid-Bull Market Correction
26.02.2025 11:00 2 min. read -
3
Pi Network Faces Pressure as Major Token Unlock Approaches
07.03.2025 16:55 1 min. read -
4
Robinhood’s Crypto Trading to Triple by 2026, Bernstein Analysts Predict
22.02.2025 11:00 2 min. read -
5
US Banks Can Officially Engage in Crypto Activities Without Prior Approval
08.03.2025 21:00 1 min. read
