In a major pivot, Germany’s Sparkassen—which once shunned cryptocurrencies as too volatile—is now gearing up to offer crypto trading to retail clients.
According to Bloomberg, the service will launch by 2026, with bitcoin and ETH among the supported assets.
The bank’s subsidiary, Dekabank, will handle operations, leveraging its existing crypto expertise.
The shift comes after the EU’s MiCA framework provided regulatory clarity, easing traditional banks’ entry into the digital asset space.