Raiffeisenbank crypto trading: four coins, no securities account, no deposit protection

Raiffeisenbank Schwaben Mitte has switched on crypto trading in its banking app. If you hold an account there, you have been able for a few days to buy and sell four crypto assets directly through your bank, without opening a separate account at a crypto exchange. According to a report in the Augsburger Allgemeine on November 1, the bank from Krumbach is the seventh Bavarian cooperative bank to receive approval from BaFin, Germany's financial regulator, for crypto business.