Bitpanda Drafts Deutsche Bank to Process Fiat Transactions in Germany
Summary
Crypto broker Bitpanda has partnered with Deutsche Bank to process fiat deposits and withdrawals for its users in Germany. This partnership allows Bitpanda users to access German international bank account numbers (IBANs), enabling them to convert crypto to fiat and vice versa. Deutsche Bank will also support incoming and outgoing transactions on Bitpanda. Earlier this year, Bitpanda partnered with Landesbank Baden-Württemberg to offer crypto custody services in Germany, set to launch in the second half of this year. Deutsche Bank has previously engaged with crypto and tokenization, adding crypto custody and tokenization to its services last year through a collaboration with Taurus.
