United Kingdom will present the first regulated digital currency bank
The cryptobank comes from the hand of former head of the Barclays technology area and former director of the Rival Bank of the United Kingdom, Mark Hipperson
In the United Kingdom, the first regulated digital currency bank will be established with the aim of giving users the best experience of being part of the industry and services of this new financial modality.
This was reported by Mark Hipperson, who is in charge of this project and also said that users will enjoy the tools offered by a versatile bank offering great advantages to the demanding public, one of them is to instantly change the currency exchange to money fiat when canceling through a point of sale, which will allow considerable market growth.
The virtual tool will have a free account for each user, allowing them to store both currencies, in addition it will have the best prices in the market so that the interested parties carry out their relevant operations and are not victims of any margin of error.
The first cryptobank has generated much controversy in the world, because for some it can mean a great threat to the vulnerability of crypto and fiat money from users but for others this would mean a great step to the “future.”
Although the regulated digital currency bank will initially operate in the United Kingdom, the project is expected to expand its services and allow users worldwide to be part of the platform.
K.Villarroel
Source: Technology
