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- Switzerland gets another ‘Bitcoin bank’ that holds cryptocurrency for customers
Posted by : Brij Bhushan
Wednesday 13 November 2019
A Swiss bank set up to handle both traditional financial products and new digital currencies has been given the go-ahead by the country’s regulators. SEBA, the Swiss-based cryptocurrency bank, is now officially operational, The Block reports. The bank reportedly shared a statement with The Block yesterday that said its Swiss clients can now open accounts with the bank. This goes for corporate businesses, asset managers, and professional private investors. Launched earlier this year, the bank received its banking license from the Swiss Financial Market Supervisory Authority (FINMA) in August. SEBA says it’s trying to bridge the gap between traditional and…
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