Sparkassen, a group of savings banks operating across Germany since the first creation in Hamburg in 1778, decided to introduce cryptocurrency negotiation services against their customers, according to a Bloomberg report.
The group will allow private customers to exchange cryptocurrencies, including bitcoin
And Ether, directly via their mobile banking applications via the group’s titles platform, Dekabank, with the installation which should be put online by summer 2026.
News occur months after Dekabank introduced trading and crypto-cable care services for institutional customers and represents the growing acceptance of digital assets in traditional banking systems.
The German Association of the Savings Bank (DSGV) would have argued the decision to allow cryptographic trade, citing an increasing request and the prevalence of the legal framework within the framework of the so-called regulation of European micro.
Earlier this year, Matthias Diessl, president of savings banks in Bavaria, said in an interview with Bloomberg that savings banks should offer customers the possibility of exchanging cryptocurrencies, deviating from a three-year committee recommendation warning against the activation of cryptographic trade.
That said, despite the heating of the idea, the DGSV still considers digital assets as very speculative investments, according to Bloomberg.
Read more: Boerse Stuttgart is associated with Dekabank to offer an exchange of crypto for institutional customers
