Several global banks are weighing entry or expansion into the U.S. crypto asset market, spurred by a growing policy shift under President Donald Trump, according to a Wall Street Journal report on April 21.
Citing sources familiar with the matter, the WSJ said that Deutsche Bank, Germany’s largest financial institution, and Standard Chartered, a major international investment bank, are actively considering expanding their crypto operations in the United States.
The potential moves reflect a broader trend of increased engagement between the traditional banking sector and the digital asset industry, as regulatory signals from Washington appear more favorable.
Back in 2023, the two banks partnered to test a blockchain-powered alternative to SWIFT, aiming to streamline international settlements and explore decentralized financial infrastructure.
Deutsche Bank’s interest in blockchain dates back to 2015, when it began piloting early use cases and forecasted the mainstream adoption of the technology.
Now, as pro-crypto policy momentum builds under President Donald Trump, both banks are reportedly reassessing their digital asset strategies, especially in light of potential regulatory clarity and growing institutional adoption.
Their longstanding engagement with blockchain and prior experimentation with cross-border solutions may give them a head start in capturing new opportunities in the evolving U.S. crypto-financial landscape.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
Source: https://coindoo.com/deutsche-bank-and-standard-chartered-eye-u-s-crypto-expansion-amid-pro-crypto-trump-policies/