Bitcoin Rises Above $62K After Fed Cuts Rate

Crypto Finance, a subsidiary of Germany’s largest change operator, has signed an settlement with Commerzbank providing buying and selling providers to the lender’s enterprise prospects simply two weeks after reaching an identical settlement with Zürcher Kantonalbank in Switzerland. Commerzbank will provide custody providers, the businesses stated Thursday. The buying and selling service provided by the Deutsche Boerse unit will likely be obtainable to prospects primarily based in Germany and can initially concentrate on buying and selling the 2 largest cryptocurrencies, bitcoin and ether. Commerzbank obtained a crypto custody license in Germany in November 2023, permitting the monetary providers supplier to supply a variety of providers associated to digital belongings.