German savings banks begin crypto trading via Sparkasse app
- —Five assets are tradable: BTC, ETH, XRP, SOL and POL, with no staking or stablecoins
- —The "Krypto – powered by Deka" product is execution-only, with no investment advice
- —DekaBank holds coins in a shared omnibus wallet, so clients do not control private keys
- —DSGV aims to connect most interested savings banks by the first half of 2027
Why it matters: Crypto is now embedded in the banking app of roughly 50 million Sparkasse customers, widening retail access but without self-custody.
Source: CryptoTicker