AMINA Bank Becomes First Regulated Bank to Offer SUI Trading Services

PANews reported on August 5 that Swiss crypto bank AMINA Bank now offers regulated trading and custody for SUI while planning to introduce staking services with integrated governance tools for compliance.

SUI
RLUSD

Summary

According to PANews on August 5, AMINA Bank became the world's first regulated bank to offer SUI token trading and custody services. The bank has enabled unlimited trading volume for clients and plans to launch SUI staking services, while it previously supported Ripple's stablecoin RLUSD custody.

Terms & Concepts
  • SUI: The native digital asset of the Sui blockchain, engineered for enterprise-grade, low-latency applications and efficient transactions.
  • Staking: The process of locking digital assets to support network operations in exchange for rewards, enhancing network security and performance.
  • Custody Services: Regulated management and safekeeping of digital assets on behalf of clients, ensuring compliance with financial regulations.