Germany’s two largest banking networks are undergoing a major shift by integrating cryptocurrency trading directly into their banking apps. This includes Sparkassen savings banks and the cooperative Volksbanken Raiffeisenbanken. 

Through this initiative, the banking network will enable millions of regular retail customers to purchase and sell digital assets without the need for third-party cryptocurrency exchanges.

Good news for Germany’s crypto ecosystem?

These organizations collectively cater to about 80 million clients across Germany, making it one of Europe’s largest integrations of crypto into traditional banking. 

For its part, this shift is noteworthy because, only four years ago, both banking groups had written off…