Fidor Bank AG in Germany entered a new partnership with Bitcoin.de, a Bitcoin marketplace. Fidor bank will serve as a “liability umbrella” for Bitcoin Deutschland, which will aim to facilitate Bitcoin trade in Europe.
Bitcoin Deutschland GmbH, the operator of Bitcoin.de marketplace, will become Fidor Bank AG’s agent in order to facilitate Fidor’s Bitcoin trading on Bitcoin.de. This partnership will make Bitcoin.de the first European Bitcoin trading platform to work with a direct banking institution, and will comply with the financial regulations.
“With Fidor Bank AG as our Partner, the digital Bitcoin currency, which was initially smiled at as Internet play money, is increasingly turning into a serious alternative currency after only 4 years. In the context of this cooperation with Fidor Bank, in the weeks to come, our customers will be given the opportunity to trade on bitcoin.de in near real-time using a free FidorPay giro account. This is a great wish of our over 70,000 customers in Europe,” stated Oliver Flaskamper, managing director of Bitcoin Deutschland.
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