KCN Swiss Bank allows to hold and exchange bitcoins

Switzerland becomes more cryptocurrency friendly. According to CoinIdol, a Swiss private bank Falcon Group, a bank with 50 years of expertise in wealth management, has become the first local bank to offer a new feature of blockchain asset management, including Bitcoin, to its clients. A new service has become available through Falcon Group’s cooperation with Bitcoin Suisse AG, a regulated crypto financial broker based in Switzerland. The bank has already received approval from FINMA to launch this unique product. Moreover, Falcom Bank has installed a Bitcoin ATM in the lobby of the bank's headquarters in Zurich.