Sparkassen, Germany’s largest savings bank group, has announced plans to offer cryptocurrency trading through its subsidiary DekaBank by summer 2026.

The service will be fully integrated into the Sparkasse mobile application and operated within a secure, regulated framework. This marks a shift from the group’s previous 2021 stance, which discouraged offering crypto services to clients.

Other financial institutions, including the cooperative Volks- und Raiffeisenbanken group, are also preparing to launch crypto-related products, indicating a broader movement toward institutional adoption of digital assets in Germany.

Despite this progress, the German Savings Banks Association (DSGV) continues to warn of the risks involved. A spokesperson reiterated that cryptocurrencies are "highly speculative investments" and confirmed that Sparkassen will not offer crypto investment advice.

With approximately 50 million customers, Sparkassen’s entry into the crypto space could significantly accelerate mainstream adoption in the country.

Note: The mention of Bitcoin's value in Australian dollars has been excluded as it is not relevant to the German market.

💸💲🧠 Get up to 5020 USDT as a welcome bonus and an additional 1025 USDT by using this referral on  Bybit