Germany Gets New Platform to Buy and Sell Bitcoin: DWP Bank
• A new platform known as DWP Bank has been unveiled in Europe to give roughly 1,200 banks in Germany access to bitcoin and digital currencies.
• The platform will allow for the purchase and sale of BTC units while still carrying out standard online banking activities.
• The CEO of the company also states that they are planning to expand their crypto offerings and services in the future.
Germany Gains Access To Bitcoin
A new platform known as DWP Bank has been unveiled in Europe to give roughly 1,200 banks in Germany access to bitcoin and digital currencies. This is a sign of how countries like Germany are looking for more stability than what fiat currencies have offered them due to the current banking crisis affecting America.
DWP Bank Allows For Purchase And Sale Of BTC Units
The platform will allow for the purchase and sale of BTC units while still carrying out standard online banking activities. This allows for users to make use of both traditional securities business and trading of digital assets from one central position in the German financial market with established interfaces.
Future Expansion Of Crypto Offerings And Services
The CEO of DWP Bank, Heiko Beck, announced that they plan on expanding their range of services further into digital assets so that they can focus on future opportunities presented by this industry. MLP Banking AG have already tested out the new platform and have had positive results from it.
Banking Crisis Affects Both America And Europe
The banking crisis that’s happening in America is not only affecting its citizens but also those living across the Atlantic Ocean in Europe as well. Credit Suisse was close to closing down until UBS stepped up to bail it out, showing just how serious this situation has become worldwide.
It appears that countries like Germany want access to digital assets so that they can avoid relying solely on fiat currencies which have failed them before during times such as these. With platforms such as DWP Banks now available, it looks like we will see increased adoption of cryptocurrencies throughout Europe soon enough!