Over Two Century Old German Public Savings Bank Network to Offer BTC Trading: Report Over Two Century Old German Public Savings Bank Network to Offer BTC Trading: Report

Over Two Century Old German Public Savings Bank Network to Offer BTC Trading: Report

Sparkassen, a group of savings banks operating across Germany since the first established in Hamburg in 1778, has decided to introduce cryptocurrency trading services for their customers, according to a report by Bloomberg.

The group will enable private clients to trade cryptocurrencies, including bitcoin

and ether , directly through their mobile banking apps via the group’s securities platform, DekaBank, with the facility expected to go live by summer 2026.

The news comes months after DekaBank introduced crypto trading and custody services for institutional clients and represents the growing acceptance of digital assets within traditional banking systems.

The German Savings Bank Association (DSGV) reportedly backed the decision to enable crypto trading, citing growing demand and the prevalence of legal framework under the so-called European MiCAR Regulation.

Earlier this year, Matthias Diessl, president of the Savings Banks in Bavaria, said in a Bloomberg interview that savings banks should offer customers the opportunity to trade cryptocurrencies, deviating from a three-year-old committee recommendation cautioning against enabling crypto trading.

That said, despite warming up to the idea, DGSV still considers digital assets as highly speculative investments, according to Bloomberg.

Read more: Boerse Stuttgart Partners With DekaBank to Offer Crypto Trading for Institutional Clients



Source link

Omkar Godbole

https://www.coindesk.com/markets/2025/07/01/germany-s-public-savings-bank-network-sparkassen-to-offer-bitcoin-trading-to-clients-report

2025-07-01 07:06:17

bitcoin
Bitcoin (BTC) $ 118,767.00 3.88%
ethereum
Ethereum (ETH) $ 4,607.72 2.67%
xrp
XRP (XRP) $ 3.10 6.81%
tether
Tether (USDT) $ 1.00 0.05%
bnb
BNB (BNB) $ 842.87 0.64%
solana
Solana (SOL) $ 194.17 4.53%
usd-coin
USDC (USDC) $ 0.999821 0.00%
staked-ether
Lido Staked Ether (STETH) $ 4,599.07 2.50%
tron
TRON (TRX) $ 0.359871 0.96%
dogecoin
Dogecoin (DOGE) $ 0.225806 8.90%
cardano
Cardano (ADA) $ 0.921819 3.31%
wrapped-steth
Wrapped stETH (WSTETH) $ 5,561.73 2.71%
hyperliquid
Hyperliquid (HYPE) $ 47.04 0.99%
chainlink
Chainlink (LINK) $ 22.39 6.72%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 118,615.00 3.83%
wrapped-beacon-eth
Wrapped Beacon ETH (WBETH) $ 4,942.38 2.82%
stellar
Stellar (XLM) $ 0.426401 8.25%
sui
Sui (SUI) $ 3.79 7.26%
wrapped-eeth
Wrapped eETH (WEETH) $ 4,931.91 2.67%
bitcoin-cash
Bitcoin Cash (BCH) $ 595.29 4.47%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.11%
hedera-hashgraph
Hedera (HBAR) $ 0.250368 7.21%
weth
WETH (WETH) $ 4,604.76 2.64%
avalanche-2
Avalanche (AVAX) $ 23.95 6.06%
litecoin
Litecoin (LTC) $ 122.00 7.82%
the-open-network
Toncoin (TON) $ 3.42 3.71%
leo-token
LEO Token (LEO) $ 9.36 1.14%
shiba-inu
Shiba Inu (SHIB) $ 0.000013 7.35%
usds
USDS (USDS) $ 0.999657 0.01%
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00 0.04%
uniswap
Uniswap (UNI) $ 11.01 9.06%
whitebit
WhiteBIT Coin (WBT) $ 45.65 2.88%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 118,661.00 3.90%
polkadot
Polkadot (DOT) $ 4.00 7.25%
okb
OKB (OKB) $ 95.90 11.40%
ethena-staked-usde
Ethena Staked USDe (SUSDE) $ 1.19 0.03%
bitget-token
Bitget Token (BGB) $ 4.61 5.00%
crypto-com-chain
Cronos (CRO) $ 0.153705 7.87%
aave
Aave (AAVE) $ 312.70 5.57%
ethena
Ethena (ENA) $ 0.714456 8.41%
pepe
Pepe (PEPE) $ 0.000011 9.95%
monero
Monero (XMR) $ 244.63 2.30%
dai
Dai (DAI) $ 0.999896 0.02%
mantle
Mantle (MNT) $ 1.09 3.29%
bittensor
Bittensor (TAO) $ 368.30 6.69%
near
NEAR Protocol (NEAR) $ 2.77 7.59%
ethereum-classic
Ethereum Classic (ETC) $ 22.40 7.15%
aptos
Aptos (APT) $ 4.75 6.27%
ondo-finance
Ondo (ONDO) $ 1.01 7.04%
pi-network
Pi Network (PI) $ 0.390119 2.59%