Singapore’s Largest Bank Expands Bitcoin and Crypto Offering Cryptocurrency

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

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

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

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