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Crypto
European exchange 21bitcoin starts paying interest on idle euro balances, paid in bitcoin
European crypto trading platform 21bitcoin has started paying 1.21 percent annual interest on uninvested euro balances left in customer accounts. Users can receive the interest in bitcoin without separate currency conversion fees. The interest is paid by German bank Volksbank Raiffeisenbank Bayern Mitte eG, which holds a stake in 21bitcoin, with customer funds kept in segregated trust accounts. The rate is variable and subject to German withholding tax.
Crypto
Japan\'s Deutsche Bank pushes to launch institutional BTC, ETH custody this year
Deutsche Bank in Japan is awaiting regulatory approval to launch a digital asset custody service for European institutional investors and corporate clients. If licensing procedures are completed as planned, it aims to begin the service for its first customers within 2026, initially supporting bitcoin, ether and some stablecoins including Circle’s USDC and EURC and AllUnity EUR. The bank is pursuing authorisation under the EU’s MiCA framework.
Crypto
Binance to resume tokenised stock service after 5 years
Binance plans to reintroduce a tokenised stock service it stopped in 2021, Cointelegraph reported on Thursday. The exchange previously offered crypto versions of shares in companies such as Tesla, Apple and Microsoft, but halted the service after pressure from financial regulators. Germany\'s BaFin and Britain\'s FCA warned the service could amount to trading unregistered securities. A Binance spokesperson pointed to support for real-world asset tokens and a newly launched regulated futures contract settled in stablecoins.
