Landesbank Baden-Württemberg has teamed up with the crypto platform Bitpanda. This should make it easier for customers to obtain crypto coins.
LBBW wants to offer custody of cryptocurrencies for corporate customers. The market launch is scheduled to take place in the second half of 2024.. DZ-Bank also wants to enable its private customers to trade cryptocurrencies in 2024. Despite everything, cryptocurrencies like Bitcoin have critics. According to a report, Bitcoin and Co. cannot offer the reliability they actually need in times of high inflation. The same applies to wind farms, shipping containers, or co-ownership of wind farms (co-owners cannot offer reliability they need in high times of inflation), the report adds. The German Finance School of Management has advised against investing in cryptocurrencies. It was only in January that the US Securities and Exchange Commission (SEC) gave the green light for exchange-traded Bitcoin ETFs. Experts interpreted the decision as an accolade for the Bitcoin price.