Summary
- Banco Santander's subsidiary Openbank has launched a virtual asset trading service for individual investors.
- Openbank said it launched the service four months after applying for the relevant license.
- Santander Bank is reportedly accelerating its entry into the virtual asset business, as it is also considering issuing stablecoins.
A subsidiary of Spain's major bank Banco Santander has launched a virtual asset (cryptocurrency) trading service.
On the 16th (local time), according to Unfolded, Santander's digital banking platform 'Openbank' launched a virtual asset trading service for individual investors. This came four months after applying for the relevant license in May.
Meanwhile, Santander is accelerating its entry into the virtual asset business. It is reportedly considering issuing its own euro- and dollar-denominated stablecoins.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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