Germany's Public Savings Bank Network Sparkassen to Offer Bitcoin Trading to Clients: Report

Germany’s Public Savings Bank Network Sparkassen to Offer Bitcoin Trading to Clients: Report

July 1, 2025

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Updated Jul 1, 2025, 7:11 a.m. Published Jul 1, 2025, 7:06 a.m.

Sparkassen, a group of German savings banks, plans to offer cryptocurrency trading services to private clients by summer 2026, per Bloomberg.
The service will allow trading of cryptocurrencies like BTC and ETH through mobile banking apps via DekaBank’s platform.
This move reflects increasing acceptance of digital assets in traditional banking in the wake of the European MiCAR Regulation.

Sparkassen, a group of savings banks operating across Germany since the first Hamburg in 1778, has decided to introduce cryptocurrency trading services for their customers, .

The group will enable private clients to trade cryptocurrencies, including bitcoin

and ether

, directly through their mobile banking apps via the group’s securities platform, DekaBank, with the facility expected to go live by summer 2026.

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The news comes months after DekaBank introduced crypto trading and custody services for institutional clients and represents the growing acceptance of digital assets within traditional banking systems.

The German Savings Bank Association (DSGV) reportedly backed the decision to enable crypto trading, citing growing demand and the prevalence of legal framework under the so-called European MiCAR Regulation.

Earlier this year, Matthias Diessl, president of the Savings Banks in Bavaria, said in a Bloomberg interview that savings banks should offer customers the opportunity to trade cryptocurrencies, deviating from a three-year-old committee recommendation cautioning against enabling crypto trading.

That said, despite warming up to the idea, DGSV still considers digital assets as highly speculative investments, according to Bloomberg.

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Omkar Godbole is a Co-Managing Editor on CoinDesk’s Markets team based in Mumbai, holds a masters degree in Finance and a Chartered Market Technician (CMT) member. Omkar previously worked at FXStreet, writing research on currency markets and as fundamental analyst at currency and commodities desk at Mumbai-based brokerage houses. Omkar holds small amounts of bitcoin, ether, BitTorrent, tron and dot.