Raiffeisen Bank to Launch Retail Crypto Trading!

The post Raiffeisen Bank to Launch Retail Crypto Trading! appeared first on Coinpedia Fintech News

Raiffeisen Bank International, a major Austrian bank with assets worth $215 billion, is set to launch cryptocurrency trading services for retail customers by the end of January 2024. The service will initially be available to customers in Vienna and will be provided in partnership with cryptocurrency exchange Bitpanda, with whom the bank signed a letter of intent earlier this year. The move is part of a wider trend of increasing crypto adoption, particularly in jurisdictions where regulatory clarity is emerging. The service is aimed at digitally savvy customers who want to make small investments rather than wealthy individuals with millions to invest, as offered by other banks.