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German Sparkassen banks allow cryptocurrency trading

Sparkassen allows cryptocurrency trading in its app

Germany's largest savings bank network, Sparkassen, has launched cryptocurrency trading directly within its banking app. Customers can now buy and sell #BTC, #ETH, #XRP, #SOL, and #POL. The service is currently available in select banks within the network, with plans to add 30-40 more banks each month.

History of attitude towards digital assets

Interestingly, just a few years ago, Sparkassen opposed crypto trading due to high risks.

The network comprises approximately 340 independent savings banks across Germany.

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