Deutsche Bank

A group of major global banks has completed real cross-border payments using tokenized central bank reserves and commercial bank deposits in a BIS-led pilot. The test points to growing institutional interest in shared-ledger settlement as banks seek faster, more traceable international payments.

The European Central Bank has selected 36 banks and payment companies for a 12-month digital euro pilot scheduled to begin in the second half of 2027. The trial will test a beta version of the proposed central bank digital currency across online, offline, in-store and e-commerce payments using ECB and national central bank staff as users.

Major brokerages have begun formal coverage of SpaceX after the 25-day post-IPO quiet period expired, with most firms issuing buy-equivalent ratings. Price targets range from $205 to $800 as analysts focus on launch services, Starlink broadband and government contracts.

Deutsche Bank said Bitcoin’s slide below $60,000 reflects a tougher macro backdrop, record ETF outflows and growing pressure from leveraged corporate holders. The bank also pointed to a shift of risk capital into AI-related stocks and infrastructure, which it said is weighing on crypto demand.

Deutsche Bank will debut its own crypto custody service with Bitpanda next year, expanding its digital asset footprint beyond Swiss custodian Taurus. Learn what this means for crypto investors.