German banks get access to bitcoin trading platform

bitcoin Skyline cityscape of Frankfurt, Germany during sunny day with german flag. Frankfurt Main in a financial capital of Europe

A new platform will allow 1,200 German banks the ability to offer bitcoin trading to their customers. Photo: Getty

A new platform has been launched that allows 1,200 German banks to offer bitcoin (BTC-USD) trading to their customers.

DWPBank, a leading Frankfurt-based bank, has announced plans to integrate bitcoin into its banking systems.

The digital asset platform, called wpNex, will allow 1,200 affiliated German banks to offer their customers the ability to buy and sell bitcoin while carrying out online banking activities, according to DWPBank.

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“DWPBank wants to connect the world of traditional securities business with the world of trading digital assets,” DWPBank said.

“To this end, it uses its central position in the German financial market with established interfaces to around 1,200 banks and savings banks and expands its portfolio to include trading and safekeeping of new assets.”

DWPBank CEO Heiko Beck said the bank planned to expand its range of services by adding other cryptocurrencies, digital assets and tokenised securities to the new…

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