Last Minute Switzerland's 5th largest bank took big steps for Bitcoin and ETH.
Switzerland, which is taking positive steps in the field of cryptocurrencies despite being one of the richest countries in the world, announced that one of the largest regional banks in the country has started Bitcoin and Ether transactions. The bank will offer these activities within the framework of its partnership with SEBA, which provides services on digital assets.
It is the 5th largest in Switzerland. Wales St. Located in Kantonalbank, the bank announced that it has launched Bitcoin and Ether services for its private customers. The bank will provide storage and trading services in the two cryptocurrencies.
More cryptocurrencies will be added
In the statement made by the bank, it was also stated that more cryptocurrencies would be added to the system in the coming period, but no details were given in this sense. The bank will receive support from SEBA Bank, a Switzerland-based company, in cryptocurrency services. The two institutions signed a contract on the subject at the beginning of the year and then started trials.
St. Gallery Kantonalbank is one of the important regional banks of Switzerland, divided into cantons, and the institution is partially owned by the Swiss government.
SEBA Bank, on the other hand, can offer digital asset services to banking institutions thanks to the banking license it received from the Swiss regulator FINMA.
Although Switzerland is one of the richest countries in the world, it is known that it has taken important steps in the field of cryptocurrencies. Bitcoin, USDT and LVGA, the city's own token, can be used for spending in Lugano, a city close to the country's border with Italy.
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