DBS Bank won’t extend crypto trading services to retail investors this year

DBS Bank wont be pushing through with its plans of launching crypto trading services for the retail market later this year. While the bank acknowledged the growing interest in cryptos such as Bitcoin (BTC) and Ethereum (ETH), it hinted that most regulators are rightfully concerned about allowing it in retail. Singapores largest lender is already offering crypto trading services to institutional clients. Launched in 2020, its DBS Digital Exchange currently operates as a members-only exchange with services available only to accredited institutional investors with a full-year trading volume...



source: https://tokenpost.com/DBS-Bank-wont-extend-crypto-trading-services-to-retail-investors-this-year-9571

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Source: NewsService