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Topic: [2015-10-22] World’s First Bitcoin Friendly Bank NextBank Announces Upcoming ... (Read 709 times)

legendary
Activity: 1974
Merit: 1003
This is good news, but im pretty sure there are many other banks that were bitcoin friendly before NextBank .
tyz
legendary
Activity: 3360
Merit: 1533
Okay, sorry. I did not know about the the cryptocurrency bank project partnered by Fidor. Seems really interesting  Shocked

Fidor only supports the marketplace bitcoin.de. Beyond that the bank only directly supports Ripple but not Bitcoin for its core business.

Fidor is also partnered with Kraken to build a Cryptocurrency Bank
legendary
Activity: 2604
Merit: 3056
Welt Am Draht
A bank registered and presumably regulated by Vanuatu, that well known bastion of financial might and security? And they're having a funding round and asking for investors via the article? Errr, I think I'll pass.
tyz
legendary
Activity: 3360
Merit: 1533
Fidor only supports the marketplace bitcoin.de. Beyond that the bank only directly supports Ripple but not Bitcoin for its core business. So, you can say that NextBank is the first bank which directly supports Bitcoin (okay, I do not know LHV Pank(?) in Estonia, likely Nextbank is the second bank).

Quote
World’s First Bitcoin Friendly Bank

I'm pretty sure several banks have been Bitcoin friendly before NextBank (e.g. Fidor (Germany/UK), LHV Pank (Estonia))

By the way, another article about NextBank.
http://bitcoinist.net/nextbank-project-bitcoin-friendly-bank-seeking-funding/i
legendary
Activity: 896
Merit: 1000
Man, so much bullish news! This is so great and all the other pro-Bitcoin banking announcements. Not sure if the Gemini thing is paving the way here but I love the effect on price

the effect on the price has been slow if you consider the amount of good news we have had so far. maybe we're preparing for a small bull run very soon.
sr. member
Activity: 336
Merit: 251
This is very positive news and I guess we will be seeing more 'banks' like these in the near future.

Looks like they plan to offer most of the banking services to clients with the additional range of accounts for crypto currencies as well as metals. I just hope their security is world class as they will be a prime target for hackers with all those accounts.

All these 'digital currency' banks etc.. are all good and well but I cannot help but wondering whether I'll make use of such a service. The biggest advantage I do see in such a service is the easy on/off ramp for crypto currencies where you have your 'normal' fiat banking and crypto currency banking all in one place and the ability to switch between the two as and when required without the need to first run off to one or other exchange to exchange the one for the other. This will most definitely make things much easier.

The biggest factor however will be a matter of trust. Will you trust a bank like this with all your hard earned bitcoins?
legendary
Activity: 1456
Merit: 1010
Ad maiora!
Man, so much bullish news! This is so great and all the other pro-Bitcoin banking announcements. Not sure if the Gemini thing is paving the way here but I love the effect on price
tyz
legendary
Activity: 3360
Merit: 1533
World’s First Bitcoin Friendly Bank NextBank Announces Upcoming Launch Establishes “NB Formation Company”

NextBank relies on a wonderful future for Blockchain modern technology as well as the cryptocurrency revolution by intending to offer worldwide Debit Cards, accounts denominated in fiat and also Bitcoin, SWIFT transfers, an escrow solution, currency exchange, and also much more.

http://www.cryptocoinupdates.com/worlds-first-bitcoin-friendly-bank-nextbank-announces-upcoming-launch-establishes-nb-formation-company/
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