Germany’s 2nd Largest Bank Offers Crypto Custody to Institutions
• DZ Bank, the second largest German bank by assets, is offering digital asset custody services to institutional clients. • The financial institution has teamed up with Swiss firm Metaco…
Crypto Mom Opposes SEC’s New Crypto Custody Rules – Here’s Why
• The SEC voted to propose new amendments affecting rules around crypto asset custody in the United States. • Commissioner Hester Peirce (aka “Crypto Mom”) is not a fan, believing…
Bear Market Sparks Growth Opportunities: Deutsche Bank to Invest in Crypto
• Deutsche Bank’s asset management arm, DWS Group, is in talks to acquire a minority stake in two German crypto firms. • The investment is part of DWS’s efforts to…
Metaverse Initiative Suffers $13.7 Billion Loss Despite Zuckerberg’s Vision
• Meta lost $13.7 billion on its Metaverse initiative in 2022. • The operating loss of $4.28 billion in the fourth quarter has caused total losses for the year. •…