Crypto Milestone: Bitcoin (BTC) Investors Gain Access to FDIC-Insured Bank Accounts

The Daily Hodl Wed, 15 May 2019

Cryptoasset dealer SFOX (San Francisco Open Exchange) is partnering with M.Y. Safra Bank to offer its traders and investors federally insured accounts to hold their funds. The move empowers institutional investors and other traders to carry out faster cryptocurrency transactions and meet custodial obligations. The partnership marks the first time the Federal Deposit Insurance Corporation {FDIC) […] The post Crypto Milestone: Bitcoin (BTC) Investors Gain Access to FDIC-Insured Bank Accounts appeared first on The Daily Hodl.