Bitcoin (BTC) and cryptocurrency is the largest Singapore-based bank in Southeast Asia. DBS Bank, continues its innovative movements in the crypto sector.
DBS Bank, which launched cryptocurrency trading for some of its customers in September 2022, Hong KongIt is preparing to provide crypto money services for its customers in Turkey.
BloombergDBS Bank plans to apply for a license to provide cryptocurrency trading services to Hong Kong customers.
Speaking at a briefing in Hong Kong today, Sebastian Paredes, CEO of DBS Bank Hong Kong, said:
“We plan to apply for a license in Hong Kong so that the bank can provide cryptocurrency trading services to its Hong Kong customers.”
Noting that DBS Bank welcomes the new crypto-related policies in Hong Kong, Paredes also noted that the bank is very sensitive to the risks associated with digital assets.
DBS Bank CEO in Hong Kong when regulations in Hong Kong are fully clear and DBS fully understands the framework cryptocurrency He added that he was keen to be one of the first lenders to offer the service.
As it is known, DBS Bank, which has made great strides in the crypto money industry, launched an institutional crypto money exchange in Singapore at the end of 2020.
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