It sounds like Germany is thinking about the future!
According to the regional financial news publication Handelsblatt, next year banks in Germany will be able to receive, store, and sell digital assets like bitcoin cash (BCH) and ethereum (ETH).
The banks will have the autonomy to provide cryptocurrencies without the need for external custodians or special subsidiaries.
The new regulations are being welcomed by the German Banks Association (BdB), and they believe that lenders’ expertise in protecting client assets and managing risk is critical to avoiding money laundering using cryptocurrencies.
Looking to the other side of it, Niels Nauhauser of Baden-Wuerttemberg, have some considerations:
“If [German banks] are allowed to sell cryptocurrencies and keep them for a fee, they run the risk of turning their assets at risk of a total loss to their clients, without them knowing what they are getting into.” Nauhauser also stressed that banks already have to inform customers about the costs and risks associated with investment vehicles like bonds and equities. The Baden-Wuerttemberg analyst underlined that direct sales of digital assets will need the same attention. Fonte: https://news.bitcoin.com/german-banks-authorized-to-store-and-sell-cryptocurrency-in-2020/