German giant Banking Sparkssen-Finanzgruppe has been reported to have plans to adopt crypto trading services, providing more than 50 million customers to access crypto trading in the summer of 2026 with a major move for the institution.
Dekabank, a bank involved in Crypto, is that -Tap to manage the new crypto service by Sparkasse app, Bloomberg reported on Monday. Dekabank is owned by Sparkssen, also known as The Savings Banks Financial Group.
“The Savings Banks Finance Group will provide reliable access to a regulated crypto offer,” said the German Savings Banks Association (DSGV).
Adding to this, the crypto service responds to a request and is already covered under the regulation of the European Union Framework for crypto, micathat began in December.
The bank’s resents in doubt of crypto
Sparkssen’s executives have previously ruled out any crypto -related services, citing volatility and dangerous concerns; Giant Banking also prevented crypto purchases For all customers back in 2015.
While there was a move in the direction, the DSGV reportedly said that the “position remains clear, the cryptocurrencies are highly speculative investment,” increasing that there is no advertising for new service, and customers will be informed about risks, including “potential for total loss.”
Sparkssen-Finanzgruppe is made up of over 50 million customers and 500 companies, including more than 370 saving banks, and has total integrated properties under the management of more than 2.5 trillion euros ($ 2.9 trillion).
German banks making crypto inward
Filipp Bolotov, founder and CEO of artificial intelligence and Blockchain firm It’s lab, Says On Monday that Sparkssen’s move to Crypto was a “big step for adopting the mainstream.”
At the same time, the Crypto Venture Capitalist and Master Ventures Founder Kyle Chasse Says“The banks are getting.”
Other German banks began to make incoming cryptos.
Germany’s second largest largest financial institution, DZ Bank, Working with Boerse Stuttgart Digital For a crypto service pilot in September 2024, there were plans to launch trade and custody services in the 700-powerful bank cooperative network after an initial trial run.
Related: Deutsche Bank builds L2 Blockchain in Ethereum: Bloomberg
Germany’s largest federal bank, Landesbank Baden-Württemberg, was announced in April this year this year Start offering Crypto Keeping Solutions To institutional clients in partnership with Bitpand, an Austria -based crypto exchange.
Crypto executives predict bank flow
Eric Trump, Executive Vice President of Trump Organization, Maka -haka in an interview on April 30 That if banks do not embrace crypto, they will be lost for 10 years, citing financial system issues around speed and cost.
Meanwhile, on a week of Paris Blockchain on April 8, Mesari CEO Eric Turner and the Thomas Eichenberger of Sygnum Bank predicted banking sector will push deeper into crypto services in the second half of 2025 as regulators embrace crypto, including stablecoins and Banks crypto services.
Magazine: Crypto wants to overthrow banks, now they turn into the stablecoin fight
