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Germany’s Largest Bank Group Sparkassen to Offer Bitcoin Trading to 50M Clients
In a significant move that marks a stark reversal from its previous stance, Germany’s largest banking group, Sparkassen, has announced plans to offer Bitcoin and crypto trading services to its massive client base of approximately 50 million retail customers by summer 2026. This development signals a major shift in the European banking sector, as other financial institutions may follow suit.
The move comes as no surprise, given the recent surge in institutional interest and regulatory clarity provided by the EU’s Markets in Crypto-Assets (MiCA) rules. The decision to enable Bitcoin trading is likely influenced by rising retail demand for crypto services, according to Matthias Dießl of the Bavarian Savings Banks Association.
Sparkassen clients will be able to trade Bitcoin and select digital assets directly through their mobile banking apps via DekaBank, the group’s securities platform.
Source: www.coinspeaker.com
