700 German Banks Gain Expanded Crypto Access Through Boerse Stuttgart and DZ Bank
Boerse Stuttgart Digital is teaming up with DZ Bank to provide secure cryptocurrency trading and storage to over 700 cooperative banks in Germany, marking a major step toward mainstream crypto adoption in Europe.
This collaboration enables these banks to offer regulated crypto services to retail customers, addressing the rising demand for digital assets, with forecasts suggesting that 25% of Europeans will invest in crypto by 2028. The initiative aims to enhance the service offerings of DZ Bank and its partners, with the first banks expected to connect by year-end.
CEO Dr. Matthias Voelkel emphasized the importance of security and trust in their approach to supporting retail investors in the crypto market.
Clever Robot News Desk 21th September 2024
