Raiffeisen to Offer Crypto Trading to 18 Million European Customers

Austria's Raiffeisen Bank International (RBI) is expanding its services to include cryptocurrency trading, partnering with Bitpanda to reach around 18 million customers in Europe. The two companies will implement a phased rollout through RBI subsidiaries in Central and Eastern Europe.

This move comes after Michael Hoellerer took office as Raiffeisen's chief executive officer, who plans to unveil the bank's new medium- to long-term strategy later this month.