Swiss financial institution is choosing Crypto

The Swiss banking group has significantly benefited from a crypto-investment summit of SwissCot services. While discussing how many Swiss companies will save in crypto-coins, most Swiss banks refuse to provide services in the growing crypto sector.

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Swissport is the first European online bank to be found in Cryptoferra, which provides crypto-loan related services for customers. Last summer, the bank joined its Bitcoin trading platform to join Bitstamp to provide traders with an opportunity to kick back against EUR and USD to sell BTC. In December, Swissquote, Bitcoin Cash (BCH), Ethereum (eth), Litecoin (LTC) and Ripple (XRP) added a wide range of opportunities for its customers.

The Skype is not the only financial institution to take advantage of the large growth potential of the cryptosherware, it is the Alpine race. In July last year, private bank Falcon, based in Switzerland, announced its decision to offer Bitcoins management and other related cryptocurrency products to their customers through the partnership with Bitcoin Swiss AG.

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Switzerland's main stock exchange six Swiss exchange said in July that it created a platform for trading, accounting and preservation of digital assets. And in June, one of the oldest banks in the country, Hypothickerbank Lenzburg, announced that it approved the opening of a company's account that works with the cryptocurrency. Two banks, Nuchal Canal Bank and New Helvetic Bank, blocking and working with crypto-currency companies.

Nevertheless, the number of Switzerland's unpaid financial institutions, which have already announced their preparation for the service in Swiss Jug Valley, is limited. The limited access to the traditional financial system has been recognized as the European Space, where places like Malta and Gibraltar have also been recognized as the main danger of Switzerland's leadership to compete for innovative companies attention.

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The company, which is located in "Crypto Valley" (Zug, Switzerland), lacks access to local banking services, and neighbouring Liechtenstein works with Swiss Start-up, while Bank and Alpinum The Farks only complain about the accounts of many of them. Swiss authorities are currently considering ways to provide access to the crypto-currency business in the country's banking services.

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