Germany's largest bank group, Sparkassen, is set to launch crypto trading for retail clients by 2026 following years of hesitation due to volatility and regulatory uncertainty.
The move is in line with the EU's new MiCA framework, and Sparkassen's subsidiary, Dekabank, which already holds a crypto custody license, will lead the effort.
This retail expansion represents a significant strategic shift for Dekabank, which has primarily served institutional clients in the past.
Despite the demand for regulated access to digital assets in Germany, there are concerns about suspicious crypto transactions, but Sparkassen's move could potentially drive broader adoption of crypto in the country.