Fancy having a “bank” account for your cyptos?
But wait, aren’t we supposed to be our own banks?
Hmmm…it seems to be a kinda oxymoron isn’t it?
Swiss Bank Offers Cryptocurrency Business Accounts
In a story published on June 6th, Finews.com reported that Hypothekarbank Lenzburg is the first bank to formally open up towards cryptocurrency projects in Switzerland. They will offer business accounts for local blockchain and cryptocurrency companies. Being a smaller bank does not stop this technology-based banker to take charge and lead the market. In the words of Marianne Wildi, CEO of Hypothekarbank Lenzburg, “we are already collaborating with the fintech industry, we are also receptive to the young crypto and blockchain scene in Switzerland.”
Swiss overseer FINMA (Financial Market Supervisory Authority) is also aware of the decision. Moreover, Marianne Wilde has claimed that the potential risk concerning cryptocurrency adoption is also being taken in consideration…….
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