Fidor Bank Expands to UK
- Germany-based Fidor Bank, probably the most cryptocurrency-friendly regulated financial institution, has announced its expansion to the UK.
Germany-based Fidor Bank, probably the most cryptocurrency-friendly regulated financial institution, has announced its expansion to the UK.
The bank has previously incorporated the Ripple protocol for funds transfers, integrated directly with Germany-based Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term exchange bitcoin.de, and supports Payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term with Europe-focused bitcoin exchange Kraken.
Clients in the UK will potentially have access to these services, plus other unconventional features of the online bank, such as a floating interest rate tied to the number of Facebook likes.
Fidor has been eyeing international expansion for some time, and is even considering the US. The biggest hurdle it faces is fitting its uniquely-shaped banking model into more rigid regulatory environments. Helping clear this hurdle is the UK's highly progressive climate toward disruptive technologies and FinTech.
The announcement comes at nearly the same time as Coinbase's announced expansion to the UK, also likely helped by the regulatory climate, particularly by the recent announcements of intention to regulate virtual currency and funding for research.
Germany-based Fidor Bank, probably the most cryptocurrency-friendly regulated financial institution, has announced its expansion to the UK.
The bank has previously incorporated the Ripple protocol for funds transfers, integrated directly with Germany-based Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term exchange bitcoin.de, and supports Payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term with Europe-focused bitcoin exchange Kraken.
Clients in the UK will potentially have access to these services, plus other unconventional features of the online bank, such as a floating interest rate tied to the number of Facebook likes.
Fidor has been eyeing international expansion for some time, and is even considering the US. The biggest hurdle it faces is fitting its uniquely-shaped banking model into more rigid regulatory environments. Helping clear this hurdle is the UK's highly progressive climate toward disruptive technologies and FinTech.
The announcement comes at nearly the same time as Coinbase's announced expansion to the UK, also likely helped by the regulatory climate, particularly by the recent announcements of intention to regulate virtual currency and funding for research.