Germany’s Sparkasse Bank network has launched cryptocurrency services through its banking app, targeting nearly 50 million customers. The phased rollout, which began on October 19, allows customers of participating banks to transact in Bitcoin, Ether, XRP, Solana, and Polygon POL. Execution and custody services are managed by DekaBank. Around 230 institutions have expressed interest, but the rollout is not yet nationwide as each local Sparkasse must individually activate the service. This initiative positions the Sparkasse network as a major retail-banking distribution channel for digital assets in Germany.
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