German savings banks add crypto trading via DekaBank for over 40 million customers

German savings banks, via DekaBank, have launched crypto trading for over 40 million customers, offering five digital assets including Bitcoin, Ethereum, XRP, Solana, and Polygon directly within standard banking apps. Trading is self-directed with no advice provided, and assets are held centrally by DekaBank in an omnibus wallet, meaning they are not covered by statutory deposit insurance. While more than 230 savings banks have expressed interest, only five are currently participating. The service operates without fixed trading hours and carries risks such as price volatility and potential trade delays.