Germany’s largest banking group, Sparkassen, has announced plans to launch cryptocurrency trading services for its retail clients by 2026. This marks a significant shift from its previously cautious approach to digital assets, which was driven by concerns over volatility and regulatory uncertainty.
The move follows the implementation of the EU’s Markets in Crypto-Assets (MiCA) regulation, which provides a clear legal framework for banks to offer crypto services. Sparkassen, which operates a network of 370 banks serving over 50 million customers, will enable private clients to trade leading cryptocurrencies such as Bitcoin and Ethereum directly through its mobile banking app, managed by its securities division, DekaBank.
The decision is largely driven by growing demand from retail investors and the need to remain competitive in the evolving European financial landscape. Despite this new offering, Sparkassen will maintain a cautious stance, warning customers about the risks of crypto investments and not providing investment advice or advertising for these services.
This development signals a broader acceptance of digital assets within traditional banking and is expected to accelerate mainstream crypto adoption in Germany
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