German banks slowly adopt crypto, mostly for institutional investors By Cointelegraph

For a long time, German banks largely neglected the cryptocurrency industry, considering it too speculative, too risky and too unregulated.

Foreign institutions, neobrokers, and crypto fintech companies such as Bitwala, Trade Republic, Bison App and Bitpanda were primarily responsible for providing services like trading and custody, business account management, tokenization, card issuing and ATMs.