Germany’s group of savings banks is preparing to introduce crypto trading through its mobile app by June 2026.
Bloomberg reported on June 30 that Sparkassen-Finanzgruppe, which serves around 50 million people, has selected Dekabank to handle the backend work for the new feature.
According to the German Savings Banks Association (DSGV), the goal is to give users access to a regulated crypto service within the same app they already use for regular banking.
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In a statement, the DSGV warned that crypto remains a “highly speculative” area. There will be no advertising for the service, and customers will be informed about the risks, including the chance of losing their entire investment.
Sparkassen-Finanzgruppe includes more than 370 local banks and about 500 companies in total. Together, they manage assets worth over €2.5 trillion, or roughly $2.9 trillion.
The feature will be built into the Sparkassen-Finanzgruppe app, with Dekabank handling trades and custody behind the scenes. The design aims to make the process easy for users without changing the way they already interact with their bank.
Filipp Bolotov, the head of tech company ERA Labs, stated on X that the decision is important for wider crypto adoption.
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