Santander's Openbank Launches Crypto Trading for German Clients - Yahoo Finance

Openbank, a subsidiary of Grupo Santander, has launched cryptocurrency trading services for German customers, enabling them to buy, sell, and hold Bitcoin, Ethereum, Litecoin, Polygon, and Cardano.

The digital banking platform launched crypto trading in Germany on September 16, with plans to expand to Spain within weeks. This move responds to growing customer demand for digital asset services while providing the security of Santander backing and European Union MiCA regulation protections. Customers can now trade cryptocurrencies directly through their bank without transferring funds to external platforms.

• Supports five major cryptocurrencies including Bitcoin, Ethereum, and Cardano with plans to add more
• Protected under EU's Markets in Crypto-Assets Regulation providing investor safeguards
• Part of broader industry trend with companies like Mastercard and SoFi expanding crypto services
• Future plans include cryptocurrency conversion features and expanded European market coverage