The second to the lerges bank of spain BBVA announce the lunch of Bitcoin banking in Switzerland.
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| BBVA BANK AND BITCOIN TRADING |
BBVA (Banco Bilbao Vizcaya Argentaria) is second to the largest bank in spain after Banco Santander.
The bank was founded in 1857 and has 727 billion euros as assets toward the end of the September, It has 7,565 branch and about 80 million customers in over 30 countries of the world.
According to BBVA on Wednesday 9th 2020 in the beginning of 2021 the transection of Bitcoin will commence in which the deposit and withdrawal of the coin will occur with guarantee of service as all other bank.
This is the first commercial service of BBVA BANK in terms of digital marketing and will stand as ” International private banking” Wich will run under swiss subsidiary.
BBVA how ever assured that the banking system is very transparent and simple to operate for costomers.
The lunch of Bitcoin trading and costody is un the review of financial digital marketing supervisors.
We choose Switzerland because it has very good regulatory system of Bank and has many blockchain companies in the country
How ever The Bank disclose that they’ll add other crypto currency pairs if that of Bitcoin has done successfully.
Agajahub publishers