Bitcoin

Bitcoin at Your Financial institution: NYDIG Names First 2 Companies to Roll Out BTC Buys

A partnership first introduced in June is beginning to bear fruit.

  • Digital banking firm Q2 Holdings said Friday that 5 Star Financial institution and UNIFY Monetary Credit score Union would be the first to supply their clients the flexibility to purchase, promote and maintain bitcoin by means of a tie-up with NYDIG, an institutional bitcoin dealer.
  • This partnership will permit on a regular basis banking and credit score union clients to commerce and maintain bitcoin alongside their current accounts, avoiding using cryptocurrency exchanges.
  • 5 Star Financial institution has about 50 branches in Western New York.
  • Torrance, Calif.-headquartered UNIFY has about 50 branches nationwide, with over $3 billion in belongings and over 250,000 members.
  • NYDIG additionally partnered with digital banking providers agency NCR to make cryptocurrency purchases out there to 650 banks, in keeping with a report in June.

Learn extra: This NYDIG Partnership May Carry Bitcoin to Your Native Credit score Union

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