CandleFocus DZ Bank and Westerwald Bank Launch Crypto Wallets and Trading
2024-12-08
Author: Content Editor
Germany's DZ Bank has partnered with Westerwald Bank to offer crypto wallets and trading services as part of a larger project to provide digital asset solutions to around 737 community banks in Germany. The rollout will be slow and is expected to be fully implemented by the end of 2024, with timelines dependent on the readiness of individual banks. The collaboration reflects the growing acceptance of cryptocurrencies in Germany's banking sector and aims to meet the rising demand for digital asset services in the country. Other German banks, such as Commerzbank, are also entering the crypto space to cater to business clients.
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