People's Banks Open up to Bitcoin and Co.

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More and more cooperative banks want to offer Bitcoin & Co. – but many of their customers still have to wait. Who can soon act crypto and why some money houses continue to hesitate.

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Germany's Volksbanken are increasingly opening up to cryptosystems such as Bitcoin and Ether. In a survey conducted by the Genoverband, nearly three quarters (71 percent) of the institutes stated that they wanted to deal with the introduction of offers for crypto-trading. In the 2023 comparative survey, the approval rate was still significantly lower at 54 percent. However, crypto-interested customers of the cooperative banks still have to endur…