Deutsche Bank will collaborate with Bitpanda to handle customer deposits and withdrawals for this Austrian cryptocurrency brokerage firm. It is understood that the crypto industry has always found it difficult to find banking partners, especially after Silvergate Capital Corp, Signature Bank and Silicon Valley Bank went bankrupt in 2023, with highly concentrated cryptocurrency-related clients.
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The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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