In its first foray into the asset class, German online bank N26 announced on Thursday that it would begin allowing some customers in Austria to trade cryptocurrencies. N26 stated that it plans to expand the service to other clients in the coming months and eventually facilitate the trade of nearly 200 cryptocurrencies. The Berlin-based bank has partnered with Austria’s Bitpanda for coin trades and custody, but Bitpanda lacks a German licence, making it difficult for N26 to offer the service in its home market.
