Breaking: Germany’s Biggest Federal Bank Partners Bitpanda To Offer Crypto Custody

Breaking: Germany’s Biggest Federal Bank Partners Bitpanda To Offer Crypto Custody

The wave of crypto adoption by TradFi continues to pick pace globally, especially amid excitement surrounding Bitcoin halving. In a major breakthrough, Germany’s biggest federal bank Landesbank Baden-Württemberg (LBBW) also revealed plans to offer crypto custody services in partnership with crypto exchange Bitpanda.
Germany’s Top Bank and Bitpanda to Offer Crypto Custody
Landesbank Baden-Württemberg, Germany’s biggest federal bank, and the Bitpanda crypto exchange to provide cryptocurrency custody services in the second half of 2024, reported Bloomberg.
Germany’s top federal bank and the largest crypto exchange in the country coming together is a major development for crypto adoption ahead MiCA regulation.  Austrian unicorn company Bitpanda received a crypto license from Germany’s financial regulator (BaFin) in November 2022 to become one of the few companies to get crypto custody and proprietary trading license.
LBBW and Bitpanda will offer crypto custody to institutional

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