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.
The first week of July brings several important developments in the United States that could influence both traditional markets and the cryptocurrency sector.
Ric Edelman, one of the most influential voices in personal finance, has radically revised his stance on crypto allocation. After years of cautious optimism, he now believes that digital assets deserve a far larger share in investment portfolios than ever before.
In the case involving Terraform Labs and its co-founder Do Hyeong Kwon, the defense has asked the Federal Court for the Southern District of New York to extend the deadline for pretrial filings by two weeks, pushing it beyond the original date of July 1, 2025.
Coinbase has emerged as the best-performing stock in the S&P 500 for June, climbing 43% amid a surge of bullish momentum driven by regulatory clarity, product innovation, and deeper institutional interest in crypto.