Austria-based banking giant Raiffeisen bank has taken action to offer all its customers the opportunity to invest in the crypto field by collaborating with the crypto money exchange Bitpanda.
By Raiffeisen bank NÖ-Wien and cryptocurrency exchange Bitpanda April 26 In a joint announcement made on the same day, it was stated that the bank will offer crypto money service for all its customers. Within the scope of the partnership, which is still at the tender stage, customers, 1 euro in small quantities such as a wide range of cryptocurrencies will have the opportunity to invest in
In the statement made by the bank, the two signed a letter of intent to cooperate and by the end of the year It was stated that they would have finished evaluating the offer. Raiffeisen bank general manager Michael Hollerer In his statement on the subject, he mentioned that the step taken is important to expand their product range:
Examining the partnership with Bitpanda aims to add an innovative and secure aspect to our product range and enable all customers to accumulate wealth easily.
Bitpanda Deputy CEO Lukas Enzersdorfer-Konradof this service when confirming the agreement with similar disclosures in as soon as possible He stressed that:
Thanks to the working principle of Bitpanda Technology Solutions, we are able to integrate our infrastructure quickly and securely, and we plan to have trading available by the end of the year.
Analysts in both the crypto and traditional financial sectors of MiCA (Crypto-Asset Markets Law) across the EU if it comes into force and the regulatory atmosphere is clarified. Cryptocurrency adoption will increase believes.