Sparkassen to Launch Cryptocurrency Trading Services for Customers by 2026
Sparkassen, a network of savings banks in Germany, will launch cryptocurrency trading services for private clients by summer 2026. Customers can trade cryptocurrencies like bitcoin and ether through their mobile banking apps via DekaBank's securities platform.
This move follows DekaBank's earlier introduction of crypto trading for institutional clients, indicating increasing acceptance of digital assets within traditional banking. The German Savings Bank Association (DSGV) supports this initiative due to rising demand and the establishment of a regulatory framework under the European MiCAR Regulation.
Matthias Diessl, president of the Savings Banks in Bavaria, emphasized the need for savings banks to offer crypto trading, despite previous recommendations against it. However, DSGV still views digital assets as speculative investments.