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Deutsche Bank Launches Bitcoin Custody Service for Clients

(4 hours ago) · 1 source · Summarized by CryptoBipto

Deutsche Bank has activated a Bitcoin custody service for its paying clients. The move marks one of the largest traditional banks in the world entering the crypto custody space. Details on which client segments have access and the scale of the rollout have not been fully disclosed.

WHY IT MATTERS

When you own Bitcoin, someone has to keep it safe, much like how a bank keeps your cash in a vault.

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SOURCES

  • bitcoinmagazine.com

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