The post Crypto.com picks Deutsche Bank as corporate banking partner for APAC region appeared on BitcoinEthereumNews.com.

Cryptocurrency exchange Crypto.com has partnered with Deutsche Bank to become its corporate banking partner for Singapore, Australia, and Hong Kong. In an announcement today, the exchange said the banking relationship could soon extend to other regions, including Europe and the UK. According to the crypto exchange, this partnership is a milestone that will improve its operational efficiency and enable seamless banking. Deutsche Bank is one of the leading financial institutions in Germany. Speaking on the development, Crypto.com’s Global Head of Banking Partnerships, Karl Mohan, describes it as a major milestone showing its high compliance and security standards. He said: “Teaming up with one of the world’s leading financial services providers further cements our, already strong, presence globally and we are excited to build on this with the support of Deutsche Bank.” Although the announcement did not specify the relationship, the bank acknowledged the partnership through its Head of New Economy Corporate Coverage for APAC, Kriti Jain. Jain noted that Deutsche Bank has a track record of working with new economy clients, and its global footprints and commitment to innovation will enable it to serve Crypto.com. Crypto.com expands retail offerings with crypto and financial products The partnership is only another in Crypto.com’s series of expansion efforts over the last few weeks. Launched in 2016, the exchange has also doubled down on its partnership network recently. Last month, it partnered with Singapore payments solution provider Triple-A to offer crypto payments to users globally, starting with the country. Through this partnership, Crypto.com users can shop online using digital assets in their wallets. It inked a similar e-commerce payments deal with PayPal for its users in the US. It also partnered with Standard Chartered a few months ago to enable the transfer of fiat currencies to Crypto.com accounts. The partnerships are seen as demonstrations…

---

Filed under: News - @ December 10, 2024 2:20 pm