Turkish digital bank Bankpozitif to debut crypto custody with Taurus

Turkish banks have been increasingly moving into crypto by offering their clients investments in diverse crypto assets, with BankPozitif being the latest.

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 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.

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