German financial giant Boerse Stuttgart Digital is collaborating with DZ Bank to expand encryption services to over 700 banks in Germany
Boerse Stuttgart Digital, a digital company of the German Stuttgart Stock Exchange, is collaborating with DZ Bank, Germany's central cooperative bank, to provide secure cryptocurrency trading and storage services for over 700 cooperative banks in Germany. This move marks a significant step towards mainstream cryptocurrency applications in Europe. Banks can now offer regulated cryptocurrency services to retail customers. By 2028, it is expected that 25% of Europeans will invest in cryptocurrencies. This collaboration will help meet the growing demand for digital assets.
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