The latest price moves in crypto markets in context for Sept. 15, 2023.
Germany’s biggest lender, Deutsche Bank, said in June it had applied for a crypto custody license from the country’s financial watchdog, BaFin. The bank’s publicly known crypto custody ambitions stretch back to early 2021, when details about a digital asset custody prototype appeared in a report by the World Economic Forum.
While the central bank has turned accommodative this year, it has not yet resorted to the flood-like stimulus seen in 2015-16. The battered crypto market has been looking to PBOC to compensate for the monetary tightening in the West.
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