Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
DZ Bank, Germany’s third-largest bank, hopes to launch a pilot phase for Bitcoin retail transactions this year

DZ Bank, Germany’s third-largest bank, hopes to launch a pilot phase for Bitcoin retail transactions this year

CointimeCointime2024/02/01 07:56
By:Cointime

According to Bloomberg, Souad Benkredda, who is responsible for capital market operations on the board of directors of DZ Bank, Germany's third-largest bank, stated that this year DZ Bank will conduct a pilot phase of cryptocurrency retail trading with the first batch of partner banks, which means that major banks will test bitcoin transactions with customers. Contrary to the original plan, DZ Bank will not cooperate with DWP Bank to implement this, and Benkredda refused to disclose which new partner DZ Bank will now work with to handle the project.

Benkredda stated that the trading opportunity is based on self-decision-making, without the bank's advice, and DZ Bank not only wants to provide cryptocurrency transactions, but also transactions for multiple cryptocurrencies. She also added that there is a great demand among partner banks, and according to a study, one out of every two banks is willing to provide this solution to customers, but in the end, each institution makes an independent decision.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

ChatGPT’s head of product to testify in the DOJ’s antitrust case against Google

Share link:In this post: ChatGPT’s head of product, Nick Turley, has been added as a witness for the United States Department of Justice (DOJ) in its antitrust case against Google. Nick Turley is the latest addition to the witness list that features representatives from Perplexity and Microsoft. Google ramps up preparation for Turley’s testimony by asking for documents related to the hearing from OpenAI through a subpoena.

Cryptopolitan2025/01/18 16:01

SEC charges New York blockchain engineer over GME rug pull fraud

Share link:In this post: Eric Zhu settled SEC fraud claims for orchestrating a rug pull scheme involving Game Coin. Zhu allegedly misappropriated $553K by moving unlocked liquidity provider tokens to his control. The case marks one of SEC Chair Gary Gensler’s final enforcement actions.

Cryptopolitan2025/01/18 16:01

Analyst Points to the Next Target on the Horizon After the Surge in Bitcoin: “If This Place Is Breached, The Next Stop Could Be 128 Thousand Dollars”

A crypto analyst has spoken about the next target for Bitcoin’s price after its recent rally. Here are the details.

Bitcoinsistemi2025/01/18 14:00