Clients of Swiss Dukascopy Bank will be able to carry out operations with cryptocurrency thanks to a partnership with the leading European exchange Bitstamp.
CRYPTO BANKING: We partnered with @DukascopyBankSA, a leading Swiss online #bank, to enable #bitcoin account funding for their clients. Read more: https://t.co/g2dnVgf6xJ #adoption pic.twitter.com/Z4erFf604U
— Bitstamp (@Bitstamp) January 25 2019 R.
So the customers of financial institutions will be able to send bitcoins to my Bank account, then convert them to USD for trading platform Swiss FX Marketplace.
They will also be able to withdraw funds back with their subsequent conversion into cryptocurrency.
“This partnership represents 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 compliance continue to yield results in the stage of rapid growing cryptocurrency industry”, — reported in the blog Bitstamp.
We will remind, in November, Bitstamp announced the introduction of technology to counter the market manipulation from Cinnober.