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Portuguese Bison Bank Launches Crypto Unit Bison Digital Assets

Source: Gin

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Portuguese Bison Bank launches crypto subsidiary Bison Digital Assets, licensed by Banco de Portugal, the first virtual assets service provider in Portugal held by a bank.

Bison Digital Assets allows clients to deposit, trade, withdraw or chose to Custody digital assets, with access to settlement for EUR, USD, GBP and RMB via Bison Bank. 

Bison Digital Assets offers access to several liquidity providers for best price execution. The banking practices will play a determinant role: all assets will be held 1:1 and all operations shall be dully registered.

António Henriques, Bison Digital Assets' CEO, commented: "Bison Digital Assets will bring together Bison Bank's efforts of bringing cutting-edge financial services to customers. Our commitment is to lead the way in innovation for the banking industry in Portugal and most importantly the world. We're effectively building the perfect bridge between traditional and digital finance."

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