November 15, 2023

Commerzbank Receives Crypto Custody Licence in Germany

Commerzbank Receives Crypto Custody Licence in Germany

In a groundbreaking development, Commerzbank AG (CBKG.DE) announced on Wednesday that it has successfully obtained a crypto custody license in Germany. This pivotal move marks a significant step for the bank, opening doors to a plethora of digital asset services with a primary focus on the ever-expanding realm of crypto assets. Significance of the Crypto …

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EUR/USD Gets Back From Three-Month Peak on Profit-Taking

Euro Zone Banks Losing Millions to Poor IT: A Wake-Up Call

In the fast-paced world of finance, technology plays a pivotal role in ensuring the smooth functioning of banking operations. However, a recent revelation by the European Central Bank (ECB) has sent shockwaves through the Euro zone banking sector. According to the ECB, Euro zone banks are hemorrhaging millions of euros, and the culprit is none …

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