German Central Cooperative Bank to Offer Cryptocurrency Trading for Clients Through Partnership with Stuttgart Stock Exchange

Article is form followin
September 19, 2024
This article is translated by ChatGPT Show original
Back Icon Image

DZ Bank Partners with Boerse Stuttgart Digital to Offer Crypto Services to 700 Partner Banks

German cooperative central bank, DZ Bank, has partnered with Stuttgart-based digital exchange, Boerse Stuttgart Digital, to provide cryptocurrency services to its 700 partner bank clients. The country's second-largest bank will offer crypto trading and custody services to its partner banks, enabling them to provide digital assets to their retail clients.

The exchange announced that technical and operational setup has begun, with the first banks expected to access the service later this year. The service will be launched and tested in phases for selected retail clients.

Back Icon Image
Source
1. Disclaimer: The views expressed are solely those of the author and do not reflect the stance of Gen3. They are not intended as investment advice.
2. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as investment or other advice.