N26 feels it could've 'built trading and crypto instead of launching in the US'
N26, a German online bank with a vast customer base, is ready to launch its "cryptocurrencies trading business this year and an equities brokerage after that," as per a report from the Financial Times. The co-founder and co-chief executive Max Tayenthal regrets not expanding in the crypto sector.
N26 co-founder has regrets
Tayenthal said in his interview with the Financial Times that "we were spreading ourselves extremely thinly" and that there are "so many things we can work on instead of putting flags in new markets." It seems that N26 is regretting its widespread expansion in over 24 countries and not focusing on providing crypto-related services."Should we have built trading and crypto instead of launching in the US? In hindsight, it might have been a smart idea," said Tayenthal, the co-founder of N26.The rapid expansion in the US might've seemed costly for the firm as it failed to take advantage of the crypto boom. The firm is now closing operations in the United States and launching an equities trading platform followed by a crypto trading business.
"We really want to expand our product universe, and we have to," said Tayenthal.
BaFin's restrictions
Missing out the crypto boom wasn't the only thing that N26 regrets. The German financial regulator, BaFin, capped the number of new users that the platform can register in a month to 50,000. A year ago, the platform had 170,000 new clients each year.As per BaFin, the restriction on the monthly clients can only be lifted once N26 has "a proper business organization and [mitigated] risks to the institution's operational resilience," in particular "shortcomings in risk management with regard to IT and outsourcing management."
The co-founder of N26 is confident that the setback from BaFin will be recovered after the restriction is removed. He believes that the cap will be removed by the summer.
Continue reading by joining Cryptonary Pro
$1,548 $997/year
Get everything you need to actively manage your portfolio and stay ahead. Ideal for investors seeking regular guidance and access to tools that help make informed decisions.
For your security, all orders are processed on a secured server.
As a Cryptonary Pro subscriber, you also get:
24/7 access to experts with 50+ years’ experience Terms
All of our top token picks for 2025
On hand technical analysis on any token of your choice
Weekly livestreams & ask us anything with the team
Daily insights on Macro, Mechanics, and On-chain
Curated list of top upcoming airdrops (free money)
Our track record speaks for itself
With over 2.4M tokens and widespread misinformation in crypto, we cut through the noise and consistently find winning assets.
Our track record speaks for itself
With over 2.4M tokens and widespread misinformation in crypto, we cut
through the noise and consistently find winning assets.
Frequently Asked Questions
Can I trust Cryptonary's calls?
Yes. We've consistently identified winners across multiple cycles. Bitcoin under $1,000, Ethereum under $70, Solana under $10, WIF from $0.003 to $5, PopCat from $0.004 to $2, SPX blasting past $1.70, and our latest pick has already 200X'd since June 2025. Everything is timestamped and public record.
Do I need to be an experienced trader or investor to benefit?
No. When we founded Cryptonary in 2017 the market was new to everyone. We intentionally created content that was easy to understand and actionable. That foundational principle is the crux of Cryptonary. Taking complex ideas and opportunities and presenting them in a way a 10 year old could understand.
What makes Cryptonary different from free crypto content on YouTube or Twitter?
Signal vs noise. We filter out 99.9% of garbage projects, provide data backed analysis, and have a proven track record of finding winners. Not to mention since Cryptonary's inception in 2017 we have never taken investment, sponsorship or partnership. Compare this to pretty much everyone else, no track record, and a long list of partnerships that cloud judgements.
Why is there no trial or refund policy?
We share highly sensitive, time-critical research. Once it's out, it can't be "returned." That's why membership is annual only. Crypto success takes time and commitment. If someone is not willing to invest 12 months into their future, there is no place for them at Cryptonary.
Do I get direct access to the Cryptonary team?
Yes. You will have 24/7 to the team that bought you BTC at $1,000, ETH at $70, and SOL at $10. Through our community chats, live Q&As, and member only channels, you can ask questions and interact directly with the team. Our team has over 50 years of combined experience which you can tap into every single day.
How often is content updated?
Daily. We provide real-time updates, weekly reports, emergency alerts, and live Q&As when the markets move fast. In crypto, the market moves fast, in Cryptonary, we move faster.
Recommended from Cryptonary
