Bitcoin Tops $42.5K, Commerzbank Revives Hopes of Mainstream Crypto Adoption

“Despite retail being fearful and uninterested, institutional adoption continues as the second-largest listed bank in Germany, Commerzbank, has now applied for a local crypto license,” Marcus Sotiriou, an analyst at the U.K.-based digital asset broker Global Block said. “This would allow it to provide exchange and crypto-asset services and become the first major bank in Germany to make this step.”