According to a report by Bloomberg, Sparkassen, a group of savings banks that have been operating across Germany since its first founding in Hamburg in 1778, decided to introduce cryptocurrency trading services to its customers.
The group allows private clients to trade cryptocurrencies including Bitcoin
Ether is expected to open the facility by summer 2026, directly via the mobile banking app via the group’s securities platform Dekabank.
The news comes months after Dekabank introduced Crypto Trading and Custody Services to its institutional clients, demonstrating increased acceptance of digital assets within traditional banking systems.
German Savings Bank Association (DSGV) It reportedly supported the decision to enable crypto trading, citing increased demand and the prevalence of the legal framework under so-called European mica regulations.
Earlier this year, Bavarian Savings Bank President Matthias Diesle said in an interview with Bloomberg that savings banks should provide their clients with the opportunity to trade cryptocurrency.
That said, Bloomberg said DGSV views digital assets as a highly speculative investment despite having endured the idea.
Read more: Partner with Boerse Stuttgart Dekabank to provide crypto trading to institutional clients
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