Clients of the Swiss Dukascopy Bank will be able to carry out operations with cryptocurrency thanks to the partnership with the leading European stock exchange Bitstamp.
BANKING CRYPTO: for We partnered with @DukascopyBankSA , a leading Swiss online a #bank , to the enable #bitcoin account Funding for Their clients. Read more: https://t.co/g2dnVgf6xJ #adoption pic.twitter.com/Z4erFf604U
– Bitstamp (@Bitstamp) 25 September 2019 p.
Thus, clients of financial institutions will be able to send bitcoins to their bank accounts, then convert them into US dollars for trading on the Swiss FX Marketplace.
They will also be able to withdraw funds in the opposite direction with their subsequent conversion into a cryptocurrency.
“This partnership is another step towards our goal – to bridge the gap between cryptocurrency and traditional finance. This is another proof that our efforts to comply with regulatory requirements continue to bring results at the stage of rapid maturity of the cryptocurrency industry, ”the Bitstamp blog reports.
Recall that in November Bitstamp announced the introduction of technology to counter market manipulations from Cinnober.
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