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Therefore, my questions are : Has anyone happened to know a crypto-friendly bank? and whether anyone from Switzerland has experienced such practices already?
Thank you!
Have you heard of Falcon bank?
https://www.reuters.com/article/us-swiss-banks-falcon-bitcoin/swiss-private-bank-falcon-introduces-bitcoin-asset-management-idUSKBN19X28L Wealthy clients of Swiss private bank Falcon will be able to store and trade bitcoins via their cash holdings with the bank from Wednesday, a move that signals the traction the virtual currency is gaining even in slow-changing asset management.
The group’s new blockchain asset management service is being offered in partnership with cryptocurrency broker Bitcoin Suisse.
“We are proud to be the first-mover in the Swiss private banking area to provide blockchain asset management for our clients,” Arthur Vayloyan, Falcon’s global head of products and services, said in a statement.
They allow their clients to store wealth in cryptocurrencies since this year.
However, I think they are the first bank in Switzerland to offer a service like this and so far
no other bank has adopted a similar attitude towards cryptos.