Deutsche Bank and Standard Chartered considering entering cryptocurrency business in the U.S. - report

Following deregulation by the Donald Trump administration, the number of cryptocurrency companies planning to provide banking services and banks exploring providing cryptocurrency services is increasing. The Wall Street Journal reported on the 21st.

According to sources, major financial institutions such as Deutsche Bank and Standard Chartered Bank have begun considering ways to do cryptocurrency business in the United States.

Deutsche Bank has previously partnered with Swiss company Taurus for cryptocurrency custody services and real-world asset (RWA) tokenization. Standard Chartered Bank has also partnered with Swiss company Taurus for cryptocurrency custody services and real-world asset (RWA) tokenization.