Turkish banks have been increasingly moving into crypto by offering investment in diverse crypto assets to their clients, with BankPozitif as the latest bank.
Turkish digital bank BankPozitif is set to launch cryptocurrency custody services in collaboration with Swiss crypto platform Taurus, making it the latest financial institution in Turkey to embrace digital assets.
On March 4, BankPozitif announced a strategic partnership with Taurus, enabling its institutional clients to store crypto assets with the bank.
The service is expected to be rolled out by June 2025 and will initially feature support for the top five crypto assets by market cap, including Bitcoin (BTC), Ether (BTC), Tether USDt (USDT), XRP (XRP) and Solana (SOL), a spokesperson for BankPozitif told Cointelegraph.
