Cryptoknowmics
2022-08-18 13:20:20

Cardano Products Now Available To Customers Of Key German Banks

Clients of German central banks Comdirect and OnVista will now have access to Cardano investment products. The news co-occurs as Valour, a distributor of cryptocurrency goods for retail customers in Germany, announced an arrangement with both banks. According to reports, Comdirect, a trademark of Commerzbank AG, has over three million clients and is the third-largest bank in Germany. In addition to access to 46 stock markets outside of Germany, it offers online banking, advising, and brokerage services in Germany. OnVista is a Comdirect Bank AG subsidiary and an internet broker. In addition to ETPs for Cardano, Polkadot, Solana, Avalanche, Cosmos, and Enjin coins, Valour, a company that provides ETPs, also offers ETPs for Bitcoin and Ethereum. Investments In Cardano Goods Increased A variety of alternative coins, including Cardano, experienced inflows totaling $3.9 million in the previous week. There were only modest withdrawals of $17 million from digital asset investment products last week. The outflows, which totaled $21 million last week, were dominated by Bitcoin. Regional flows demonstrate the disparity in attitudes, with inflows of $20 million into European markets but withdrawals of $36 million from American exchanges. Blockchain equities witnessed inflows of $8 million last week, contrasted with direct digital assets’ withdrawals, which suggested a less pessimistic view. New Crypto Regulations In Canada Charles Hoskin...

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