N26 Goes Into Crypto

While moving to Berlin, naturally I needed to open a new bank account. Friend of mine recommended N26 to me, and, all things considered, it has treated me fine. Unfortunately I just stumbled upon the following news: German online bank N26 to expand crypto trading… Am I going to regret my decision?

German online bank N26 said on Tuesday that it would expand the list of countries where its customers may trade cryptocurrencies to include those in Germany and Switzerland. […]

The prices of major cryptocurrencies such as bitcoin and ether have fallen sharply over the past year as a broader downturn in global markets prompted investors to ditch risky assets and following the collapse of Sam Bankman-Fried’s FTX.

N26 said it would roll out the expanded trading gradually over the coming weeks.