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Topic: First major bank has embraced bitcoin adding it to their services - page 2. (Read 1107 times)

member
Activity: 84
Merit: 10
Wish I still could find that map of the banks all narrowing down to 4 big banks to see who this bank sits under.
Might be a test drive,hopefully it develops into something.
legendary
Activity: 1512
Merit: 1000
From the article it seems whatever services they are integrating bitcoin with is via coinbase. Meh.
sr. member
Activity: 793
Merit: 250
This is very interesting doesn't seem like a massive bank that will leave an impact on the bitcoin community. But it's a start for many more.
legendary
Activity: 1382
Merit: 1123
This is fine I guess. It's only useful to people who would trust online wallets. Does these mean both of these companies now have access to your private keys or only coinbase?
legendary
Activity: 1652
Merit: 1088
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Here's the article:

http://bravenewcoin.com/news/retail-bank-integrates-bitcoin-service/

Quote
Following a four month pilot program, USAA members can now view the balance of their Coinbase account, alongside the rest of their USAA accounts and financial services.

The financial services group made a major investment in Coinbase, during the US$75 million Series C fundraising round in January 2015, alongside The New York Stock Exchange and BBVA Ventures.

In order for USAA customers to add their Coinbase account, they only need to go to their accounts summary page, add the account, and sign into Coinbase. From there onwards, Coinbase wallet and vault balances will show up inside of their USAA online and mobile accounts, underneath the “My Accounts Summary” page.

USAA = United Services Automobile Association
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