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Promote with Leviathan NewsSantander Group’s fully digital bank Openbank has launched a new cryptocurrency trading service for customers in Germany, allowing them to buy, sell and hold five assets—Bitcoin, Ether, Litecoin, Polygon and Cardano—directly within their existing banking and investment interface. The service is integrated alongside traditional products, so users do not need to move funds to external exchanges, and trades are subject to a 1.49% fee per transaction with a €1 minimum and no custody fees. Openbank says it will roll out the same crypto functionality to customers in Spain in the coming weeks as part of a broader European expansion. This launch places one of Europe’s major banking groups more firmly into regulated digital asset services, operating under the EU’s Markets in Crypto‑Assets (MiCA) framework, which provides investor protection and passporting rights for services across the bloc. Openbank obtained a MiCA license from the Spanish regulator CNMV in July, joining a small group of licensed banks in Spain, and plans to expand its token lineup and add crypto‑to‑crypto conversion features over time. The move underscores growing demand for bank-based access to crypto, and highlights how large incumbent institutions are beginning to compete directly with standalone crypto exchanges by leveraging their existing customer bases, compliance infrastructure and integrated user experience.
AI-generated background, compiled from web sources — not editorial content.
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