Bitpanda Partners with Deutsche Bank for Real-Time Payments in Germany

2024-6-4 12:18

Bitpanda, a crypto exchange based in Vienna, has formed a groundbreaking partnership with Deutsche Bank. This collaboration aims to provide real-time payment services for its German users.

The company claims this is the first time an international bank has teamed up with a crypto platform for such a high level of integration.

Crypto Meets Traditional Finance: Bitpanda’s New Partnership with Deutsche Bank

This new alliance allows Bitpanda’s German customers to enjoy real-time deposits and withdrawals in fiat currency using local IBAN numbers provided by Deutsche Bank. This feature makes transactions smoother and improves the user experience on the platform.

By integrating with a well-established institution like Deutsche Bank, Bitpanda addresses the concerns of users who may have hesitated to transact with crypto exchanges due to limited banking options. Furthermore, this partnership encourages more users to engage with digital assets, representing a significant move towards broader crypto adoption.

Read more: Top Crypto Exchanges and Trading Platforms in Europe

“We are on a mission to remove as many barriers as possible for people who want to take control of their finances. That means we need to offer a truly local service. Working with Deutsche Bank, we can offer that localization for deposits and withdrawals,” Bitpanda said in its official statement.

The move also demonstrates the growing acceptance of cryptocurrencies by traditional financial institutions. It suggests a trend towards legitimacy and mainstream adoption of digital assets.

While this agreement currently benefits German users, it could lead to similar collaborations in other areas. As the regulatory environment evolves, especially with initiatives like the Markets in Crypto-Assets Regulation (MiCA), this partnership might serve as a model for future alliances. MiCA strives to establish a unified regulatory framework for the crypto industry across the European Union.

Read more: What Is Markets in Crypto-Assets (MiCA)?

Given some banks’ reluctance to support crypto exchanges, especially after the fall of crypto-friendly banks like Silvergate Capital, Signature Bank, and Silicon Valley Bank (SVB) in 2023, this partnership could potentially restore confidence in integrating crypto and traditional financial services. It also may inspire more banks to consider similar initiatives.

The post Bitpanda Partners with Deutsche Bank for Real-Time Payments in Germany appeared first on BeInCrypto.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Deutsche eMark (DEM) на Currencies.ru

$ 0.0013665 (-0.02%)
Объем 24H $0
Изменеия 24h: 0.96 %, 7d: -32.61 %
Cегодня L: $0.0013665 - H: $0.0013681
Капитализация $73.318k Rank 2437
Доступно / Всего 53.654m DEM / 210m DEM

real-time bank deutsche bitpanda payments germany partners

Источник: beincrypto.com

real-time bank → Результатов: 63


Фото:

Setting the Stage for Digital Global Payments

In the evolution of digital payments, it’s clear that financial institutions and payment providers will continue to adopt blockchain technology to drive real-time, cross-border payments growth. This digital ledger infrastructure, which integrates with bank accounts, digital wallets and even cash payout channels will become the engine to provide the convenience, speed, ease of access, transparency … Continued The post Setting the Stage for Digital Global Payments appeared first on Ripple.

2021-2-27 01:13


Фото:

Биткоин-биржа Bitstamp внедрила блокчейн-решение Signet для институционалов

Старейшая европейская криптобиржа Bitstamp сообщила об интеграции ориентированной на институциональных пользователей платформы цифровых платежей Signet от Signature Bank. SIGNET: Bitstamp has become the first crypto exchange to integrate Signet™, Signature Bank’s digital payments platform used by institutional customers to transfer USD in real-time, 24/7.

2020-5-7 20:33


Фото:

A Blockchain-Based Excise System Promises Efficiency to Thailand’s Oil Industry

Blockchains are being used across the world for their ability to serve as a robust accounting ledger that can be shared and distributed in real-time across the world. According to the Bangkok Post, the Thai excise department is in talks with Krungthai Bank (KTB) to launch a blockchain-enabled system to make the tax payment andRead MoreRead More.

2019-11-26 00:00


Фото:

HashCash Building DLT Solution for a Global Bank

HashCash Consultants, a software firm that claims to be developing distributed ledger technology (DLT) solutions that allow enterprises to facilitate real-time cross-border payments, has inked a strategic partnership deal with an unnamed global bank for the development of core banking solutions aimed at increasing the speed, security and efficiency of banking processes, reports Yahoo FinanceRead MoreRead More.

2019-10-7 17:00


Wells Fargo’s Blockchain-based Stablecoin Will Be Faster, Cost Less Than SWIFT

The world's fourth-largest bank said cryptocurrency will allow near real-time money movement and cut out settlement middlemen, thus reducing costs from fees. Regarding the technical aspects of this new product, Wells Fargo has built their own blockchain using Corda Enterprise, the enterprise version of R3’s blockchain technology. While we will not see this product in […]

2019-9-21 19:26


Фото:

Bank of America Patent Displays use of Ripple Ledger

A now publicly available patent from Bank of America (BofA) has revealed a system of real-time settlement that utilizes the Ripple ledger for inter currency transactions, July 20, 2019. Huge Breakthrough for Ripple Bank of America’s patent reveals the exclusive usage of the Ripple ledger to improve efficiency and cost-effectiveness of transactions as well asRead MoreRead More.

2019-7-21 11:51


Фото:

Puerto Rico Approves Combination Bank for Fiat and Digital Assets

The San Juan Mercantile Bank & Trust International (SJMBT), a new bank in Puerto Rico catering to cryptocurrency traders, is now fully operational. SJMBT announced its receipt of all appropriate licensing from Puerto Rican regulatory officials to begin offering “fiat and digital asset custody and settlement services,” which are “to be integrated with the trading platforms offered by its affiliate, the San Juan Mercantile Exchange (SJMX).

2019-4-3 00:47


дальше еще 14 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Trading Firm Jump Crypto Under Investigation by the CFTC

The CFTC is investigating Jump Crypto's activities. Despite facing high-profile incidents and losses, Jump remains a key player in the crypto market. The post Trading Firm Jump Crypto Under Investigation by the CFTC appeared first on BeInCrypto.

Bitcoin Price Drops Below Critical Support Level Following Rejection At $70,000

Bitcoin recently dropped below the critical support level between $67,000 and $68,000, having failed to break above the $70,000 price level successfully. Based on crypto analyst Josh’s analysis, the flagship crypto needs to climb above this critical support level soon enough or risk flipping into a bearish trend.

Analyst Predicts 35% Jump For Bitcoin In Next Step Of ‘Magic Bands’

Despite the price crash after rising to $69,000, the Bitcoin price remains in the game, with bulls continuing to hold up the support above $67,000. Bullish sentiment also continues to prevail, with the market still being fairly greedy amid expectations that the pioneer cryptocurrency is gearing up for a significant price jump from here.