Germany's DZ Bank, the country's second-largest bank, has announced a pilot program for trading cryptocurrencies, including Bitcoin (BTC) and Ethereum (ETH). The bank plans to offer its clients the ability to buy various cryptocurrencies without the need for prior consultation.
The pilot phase will begin this year with the first cooperative banks, according to Suad Benkredda, who is responsible for market operations at the bank. The decision reflects the growing interest in cryptocurrencies among traditional financial institutions in Germany, despite strict regulatory requirements.
DZ Bank also previously launched a blockchain platform for storing digital assets and offered tokenized securities. This move demonstrates the bankâs commitment to adapting to new technologies and customer needs in the digital asset space.
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