Binance Square
LIVE
LIVE
Kevin Cryptonomist
--222 views
In a gloomy outlook for the blockchain industry, Germany's leading banks are yet to fully embrace cryptocurrency despite the growing demand from expats and students. Among the top banks for foreigners in Germany, only Revolut offers cryptocurrency trading. This digital-first bank caters to a global audience and its app-centric approach includes budgeting tools and cryptocurrency trading, making it one of the few crypto-friendly banks in Germany. However, the overall lack of crypto services across the banking sector reflects a wider reluctance to adapt to the changing financial landscape. This is a disappointing trend, particularly in a country known for its strong economy and robust banking system. The slow adoption of cryptocurrency services by banks could potentially hinder the growth and development of the blockchain industry in Germany.

In a gloomy outlook for the blockchain industry, Germany's leading banks are yet to fully embrace cryptocurrency despite the growing demand from expats and students. Among the top banks for foreigners in Germany, only Revolut offers cryptocurrency trading. This digital-first bank caters to a global audience and its app-centric approach includes budgeting tools and cryptocurrency trading, making it one of the few crypto-friendly banks in Germany. However, the overall lack of crypto services across the banking sector reflects a wider reluctance to adapt to the changing financial landscape. This is a disappointing trend, particularly in a country known for its strong economy and robust banking system. The slow adoption of cryptocurrency services by banks could potentially hinder the growth and development of the blockchain industry in Germany.

Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.
0
Explore the lastest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Relevant Creator
LIVE
@Square-Creator-4d9133528

Explore More From Creator

--
Mintlayer, a leading Layer-2 scaling solution, has teamed up with Salus, a security firm specializing in zero-knowledge (ZK) proofs, to launch the Thunder Network, a Layer-3 ZK rollup-based network aimed at enhancing Bitcoin's scalability and functionality. This initiative is set to transform Bitcoin's utility by integrating advanced privacy features, improved transaction speeds, and greater scalability. It also brings Ethereum Virtual Machine (EVM) compatible functionalities, allowing developers to build secure and reliable applications on a Bitcoin-connected infrastructure. The integration implies that existing EVM dApps will be compatible, making it easier for developers to innovate on the Bitcoin network via the Mintlayer protocol. Salus' expertise in advancing privacy-enhancing technologies and their successful track record in the Ethereum ecosystem made them an ideal partner for Mintlayer. The Thunder Network is strategically designed to address potential scaling challenges faced by the Mintlayer network while enabling additional EVM functionality. This ensures that the network remains robust, scalable, and capable of supporting a wide range of applications. This partnership represents a significant advancement in Bitcoin's evolution and its functionality within the broader blockchain ecosystem. By incorporating Layer-3 ZK rollups, the Thunder Network aims to provide a seamless, high-performance user experience without compromising Bitcoin's security, privacy, and decentralization.
--

Latest News

View More
Sitemap
Cookie Preferences
Platform T&Cs