Bitcoin: Sparkassen opens to crypto trading for private clients

Sparkassen-Finanzgruppe, the largest German banking group, has announced the introduction of crypto trading among its services. This decision marks a substantial evolution in the traditional banking sector's approach towards digital assets. The bank, known for a historically prudent policy, is thus preparing to offer its private clients access to the main investment tools in the bull and bear crypto world. The turning point of Sparkassen in the management of digital assets comes almost three years after the initial decision to exclude cryptocurrency trading for security reasons. In the past, the bank's leadership had expressed strong reservations about cryptocurrencies, considered “extremely speculative” and not suitable for traditional savers. However, the global context has changed. Today, the international financial sector is adapting to a more transparent and structured regulation for Bitcoin and other cryptographic assets.

Source: en.cryptonomist.ch

Related symbols: BTCUSD

2025-07-01 08:29:07 GMT.