Oversea-Chinese Banking Corporation (OCBC Bank) is mulling making a crypto change, the financial institution’s CEO Helen Wong stated in an interview with Bloomberg Television at the moment.
- “We are looking at it and seriously there are some work being done in the bank,” Wong stated, including that the financial institution desires to handle buyer wants “in a safe manner.”
- At the top of final yr, Singapore-based OCBC had $121 billion in belongings below administration, making it the second-largest financial institution in Southeast Asia.
- OCBC rival DBS launched a crypto change in December 2020. DBS Vickers, the financial institution’s brokerage arm, obtained a license to supply crypto companies from the Monetary Authority of Singapore in October.
Read extra: DBS Vickers Gets Greenlight From Singapore Regulator to Provide Crypto Services