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The two major banking groups in Germany are about to expand their Crypto Assets trading services.
According to Gate News bot and Bloomberg, the Sparkasse (German Savings Bank Group) has decided to lift a long-standing ban and open up trading services for Bitcoin and other crypto assets to private customers. The German Savings Banks and Giro Association (DSGV) announced on Monday that they will establish a regulated crypto assets service channel. In the future, customers will be able to use crypto services provided by their subsidiary DekaBank through the Savings Bank APP, which is expected to officially launch in the summer of 2026.
At the same time, the German cooperative banking system (Volks- und Raiffeisenbanken) is also developing related services, planning to launch them this summer. This trend reflects a shift in the attitude of the German banking industry towards crypto assets. Matthias Dießl, chairman of the Bavarian Savings Bank Association, has stated: "Our savings banks should also provide customers with options for cryptocurrency trading."