2024

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<div class="cryptonews">
 <p class="is-style-lead">DZ Bank, Germany’s second-largest financial institution, plans to launch a cryptocurrency <a rel="noopener noreferrer nofollow" title="trading" href="https://thebittimes.com/tag/trading.html">trading</a> pilot.</p>
 <p>Souad Benkredda, a board member at DZ Bank, stated that the Frankfurt-based bank aims to offer a variety of cryptocurrencies. The initiative is designed for customers who prefer to invest independently without seeking financial advice.</p>
 <blockquote class="wp-block-quote">
  <p>“According to a study by the Genoverband, every second bank wants to offer this solution for their customers.”</p> <cite>Souad Benkredda in an interview with Bloomberg</cite>
 </blockquote>
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 <p>However, Benkredda noted that the decision to adopt such a service ultimately rests with each individual institution. Genoverband is a key auditing and consulting body for over 2,500 cooperative organizations.</p>
 <p>With assets under management amounting to $627 billion, DZ Bank has already taken steps into cryptocurrency. In November, the bank launched a cryptocurrency custody platform with Ripple. This followed its announcement to utilize Metaco’s technology solution for developing crypto-related services.</p>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/germany-s-dz-bank-to-run-crypto-trading-trial-in-2024-tbt78560.html">https://thebittimes.com/germany-s-dz-bank-to-run-crypto-trading-trial-in-2024-tbt78560.html</a></p>

Germany’s DZ Bank to run crypto trading trial in 2024

TheBitTimes

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