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German Cooperative, Savings Banks Launch Crypto Trading for Retail Clients

German Cooperative, Savings Banks Launch Crypto Trading for Retail Clients

  • Germany’s cooperative banks and savings banks are introducing crypto trading services for retail clients.
  • DZ Bank and DekaBank are building crypto trading platforms for assets including Bitcoin (BTC) and Ether (ETH), with participating banks projected to reach the triple digits.
  • Germany’s financial sector is pairing strong trust in crypto with warnings that it is a highly speculative investment carrying the risk of a total loss of principal.

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Photo: Shutterstock
Photo: Shutterstock

Germany’s cooperative banks and savings banks are increasingly introducing cryptocurrency trading services for retail clients.

Bloomberg reported on July 4 that Germany’s cooperative banking and…

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