Wednesday, October 27, 2021

BBVA Switzerland Introduces a Crypto Wallet

Must Read

Stablecoin regulation and enforcement by SEC

US regulators will begin work on stablecoin regulations under the leadership of the Securities and Exchange Commission (SEC). According to...

Kazakhstan Intends to Restrict Mining Activities

Kazakhstan is planning to put restrictions on cryptocurrency mining activities since Kazakhstan's Ministry of Energy intends to limit cryptocurrency...

The most expensive NFT artworks ever sold

Have some Ether handyOnce you’ve chosen your digital asset, it’s time to get some Ether.You can make NFTs on...

Banking giant BBVA is launching a digital investment account that includes a cryptocurrency wallet. According to company’s recent statement, the new digital investment account, called as New Gen, will allow users to deposit up to $10,000, Euros or Swiss Francs.

Investors have to fill out an online form and then make a video call for verifying their identification to obtain access. Users will be able to utilize the new BBVA cryptocurrency wallets to store, track, buy, and trade Bitcoin in the BBVA application after this stage.

The major objectives of BBVA Switzerland are to address the needs of a new type of investor who likes to act independently by utilizing technology, or who has a special interest in investing in more innovative, sustainable sectors, or even cryptocurrency assets.

Javior Rubio who is the director of client solutions at BBVA Switzerland made a following statement about the subject:

“The new account offers a multitude of ideas so that every client can invest in what is of interest to them and in line with their principles, without obstacles or barriers, with one of the most competitive rates in Swiss banking and with all the guarantee and security of BBVA”

The addition of digital wallet services is seen as an expansion of BBVA’s Bitcoin custody and trading services, which were launched in June. The Swiss bank is one of the giants to enter this field, following Goldman Sachs, Morgan Stanley, and other large-scale financial institutions that began offering crypto money services this year.

- Advertisement -

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement -

Latest News

Stablecoin regulation and enforcement by SEC

US regulators will begin work on stablecoin regulations under the leadership of the Securities and Exchange Commission (SEC). According to...

Kazakhstan Intends to Restrict Mining Activities

Kazakhstan is planning to put restrictions on cryptocurrency mining activities since Kazakhstan's Ministry of Energy intends to limit cryptocurrency miners' activities as a precaution...

The most expensive NFT artworks ever sold

Have some Ether handyOnce you’ve chosen your digital asset, it’s time to get some Ether.You can make NFTs on a bunch of different blockchains,...

What should you do for finding new NFTs?

Non-Fungible Tokens (NFTs) are a type of cryptographic token that represents a unique entity on the blockchain. NFTs can be digital assets or tokenized...

Providing Interest Income to Cryptocurrency Holders, Celsius Raised $400 Million Investment

Celsius Network, which enables crypto money holders to earn passive income, announced in its announcement on Tuesday that it has raised $400 million in...
- Advertisement -

More Articles Like This

- Advertisement -