Openbank Launches Retail Crypto Trading in Germany
Openbank has made crypto trading available to its clients on a retail basis.
Openbank, which for its innovations in digital banking, started out with the goal of ensuring that financial services—from automated investments to online savings tools—are easy, safe, and accessible to everyone. The Madrid-based platform now lets users utilise their Openbank accounts to purchase, sell, and store popular cryptocurrencies like Ethereum and Bitcoin. This enables millions of users to access digital assets via a regulated and trusted interface, utilising Santander’s proficiency in risk mitigation and compliance.
The timing of Openbank’s approach is crucial because, since 2023, Spanish retail investors…