Austrian crypto trading platform Bitpanda has extended its partnership with Deutsche Bank to facilitate real-time fiat payment processing in Germany. Through this collaboration, Bitpanda gains access to German IBANs via Deutsche Bank's API, streamlining transactions for German users. The agreement signifies the growing acceptance of cryptocurrency within Germany's regulated financial sector. Bitpanda's strategic objective for 2024 includes partnering with financial service providers like Deutsche Bank to enhance its services. Lukas Enzersdorfer-Konrad, Bitpanda's deputy CEO, highlighted the value created by bringing together industry strengths and emphasized Deutsche Bank's commitment to collaborating with innovative players in finance. For Deutsche Bank, the agreement aligns with its aim to be a preferred bank for promising platforms in emerging fintech sectors such as crypto. Kilian Thalhammer, Global Head of Merchant Solutions at Deutsche Bank, emphasized the bank's dedication to fostering a secure environment for virtual asset investors. The partnership reflects a step towards establishing a reliable ecosystem for cryptocurrency users.
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