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

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

DBS Group Hold­ings Ltd., Singapore’s largest bank, expand­ed its bit­coin and cryp­tocur­ren­cy trad­ing ser­vices on its mem­bers-only exchange to an addi­tion­al 100,000 of its wealth­i­est clients, per a report from Bloomberg.

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