Deutsche Bank intends to launch the cryptocurrency storage service in 2026. It is worth adding that Deutsche Bank also considers the issue of its own Stablecoin. What else happened on Tuesday, July 1 in the world of cryptocurrencies?
How is the course of the most important cryptocurrency behavior? 📈
The last 24 hours on the cryptocurrency market have been red. BTC will hit 1.5% and settle at USD 105,998. In the case of ETH, the decreases are 2.0% and the cryptocurrency of Vitalika Buterina fell to USD 2424. Solana, which dropped by 6.5% to 147 USD, records larger decreases among top Altcoins. Will the first days of July be deepened by bears?
Course of the most popular cryptocurrencies – percentage change 👀
News that heat the bitcoin.pl website ²
Deutsche Bank enters into the care of cryptocurrencies
The largest German bank – Deutsche Bank – plans to enter the digital assets storage sector. According to Bloomberg’s reports, the institution in cooperation with the Austrian Bitpanda Stock Exchange and the Swiss technology company Taurus plans to launch Custody for cryptocurrencies as early as 2026. This is a step confirming the growing interest of the bank of the digital assets market – let us remind you that the first announcements of this type of initiative appeared in 2020.
Deutsche Bank does not stop at solutions related to storage of cryptocurrencies. In June, the head of the Digital Asset Department, Sabih Behzad, revealed that the bank also considers the issue of its own Stablecoin and participation in other projects of this type. At the same time, work is underway on a toxic deposit system that could be used to make payments.
Deutsche Bank plans are a clear signal that traditional financial institutions are increasingly involved in blockchain technologies – not only as investors, but also as the creators of infrastructure. This is also another proof that the European banking sector seriously treats the development of the cryptocurrency ecosystem.
Trump is pushing new tax regulations, including cryptocurrency amendments
An intensive debate over the so -called One Big Beautiful Bill -a gigantic budget and tax act forced by the administration of Donald Trump. As part of the so -called Vote-A-Ram-voting marathon over amendments-Senator Cynthia Lummis proposed changes in cryptocurrency taxes.
Her proposal assumes, among others tax exemption of cryptocurrency transactions up to USD 300 (with an annual limit of up to USD 5000) and clarification of the rules of taxing, Airdrops and kicking cryptocurrencies – profit would be calculated only at the time of sale, not to receive tokens. This is a significant facilitation for users and investors of cryptocurrencies.
At the same time, the amendment promoted by Democrats was rejected, assuming for the possession and promotion of cryptocurrencies by state officials and their families. Lummis criticized her as harmful to innovation and free market. The whole situation shows how much cryptocurrencies have become a politically hot topic in the USA. Changes in tax and regulatory regulations can significantly affect the future of the market in the United States.
Fatf warns against crime based on stableins
The Special Group for counteracting money laundering (FATF) has published a warning regarding the growing number of financial crimes related to Stablecoin. Despite the alarming tone, experts from analytical companies such as chainalysis or asset reality emphasize that this is not an anti -expert -shaped position – it is rather about the need to increase supervision and implement effective regulations.
The data shows that as many as 63% of criminal transactions in blockchain are just using stablecoin. In response to this, Fatf calls for the implementation of more uniform license and supervisory standards for Stablecoin issuers and for the development of analytical tools and law enforcement. Importantly, experts emphasize that stablecoin – thanks to their transparency – are much easier to follow than e.g. cash. Issues can also freeze the means used unlawfully, which makes stablecoin a relatively safe tool. Fatf’s conclusions are an attempt to address real problems in the spirit of responsible supervision rather than an attempt to block the development of cryptocurrency market.
