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2 Swiss Banks Launch Cryptocurrency Trading and Custody After Gaining Regulatory Approval - XRP Is One Of Them

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Posted (edited)

"The second bank recently authorized by FINMA to offer crypto services is Zurich-headquartered Incore Bank, a transaction bank that provides outsourcing services for financial institutions, such as settlement, custody, payments, accounting, compliance, and tax support."


"This makes Incore Bank the first Swiss business-to-business bank to offer financial service providers and institutions worldwide easy and secure access to a new and forward-looking asset class."

Looks like this is going to be a Swiss alternative to both SWIFT, and the correspondent banking network. Incore looks poised to become a both major market maker and a new ODL corridor.  Sweeeet!

Edited by WuWei

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