German-based banks will gradually roll out their own cryptocurrency trading services to customers, potentially fueling a trading frenzy.

BlockBeats News, July 4th. According to Bloomberg, the German cryptocurrency market is expected to experience significant growth in the coming months. At that time, millions of German residents will be able to directly trade virtual currencies through local banks, without the need for professional third-party trading platforms.

Currently, Germany's cooperative and savings banks—regional banks that have long provided basic financial services to local residents and businesses—are gradually rolling out their own cryptocurrency trading services to retail customers. This means that ordinary investors will be able to buy and sell crypto assets directly on the bank platforms they use in their daily lives, further reducing the barrier to entry into the cryptocurrency market.