Singapore’s Largest Bank Expands Bitcoin, Crypto Offering – Bitcoin Magazine

  • DBS Group Holdings expands bitcoin and cryptocurrency trading to 100,000 of its wealthiest customers.
  • The bank requires capital requirements and a minimum investment of $500.
  • The expansion follows Singapore’s central bank’s launch of a digital asset framework earlier this month.

DBS Group Holdings Ltd., Singapore’s largest bank, expanded its bitcoin and cryptocurrency trading services on its members-only exchange to 100,000 more of its wealthiest customers, according to a Bloomberg report.

Accredited investors, meaning customers with investable assets of at least $246,000, can now buy, sell and trade bitcoin and some cryptocurrencies. Also, the bank requires a minimum investment of $500.

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