DZ bank initiates a retail cryptocurrency solutions pilot with westerwald bank

DZ Bank launches pilot project: DZ Bank has begun a pilot program with Westerwald Bank for retail cryptocurrency solutions, including wallet development and trading activities. This initiative addresses the rising demand for digital asset services among clients.

Expansion plans for 2025: The expansion to around 737 cooperative banks, known as Volks and Raiffeisenbanken, is expected by 2025, depending on each bank’s readiness. This step signifies a trend toward the mainstream adoption of cryptocurrency in banking.