The German Savings Banks Association – a network of over 400 savings banks across Germany – may allow clients to start trading. cryptocurrencies From their accounts in 2022, as the market leader in German financial institutions This service will make crypto easier for more than 50 million people.
according toreportAccording to the German magazine “Capital”, the idea was developed by a dedicated team at S-Payment, an IT service provider. by helping customers to buy Cryptocurrencies like Bitcoin and Ethereum can be directly from their checking accounts.
If banks approve the project in early 2022, they may be able to launch their first Crypto wallet by that year.
while the wallet pilot project It will start with each savings bank. Each will independently decide whether or not to ultimately recommend crypto trading. However, the banks involved are reportedly showing interest early on.
“The interest in crypto assets is very high,” a spokesperson for the German Savings Banks Association said about the pilot project.
The post Bank of Germany May Offer Crypto Wallet Service in 2022 appeared first on Bitcoin Addict.