The bitcoin enters a Swiss bank Falcon Private Bank
While most competitors around the world are exhausting themselves in search of access to blocked technology, a small Swiss private bank - Falcon Private Bank - The opportunity to introduce the Bitcoin into the panoply Of assets it intends to manage on behalf of its wealthy clients.
Recognizing the potential of crypto-currency as an investment medium and not ignoring the risks it entails, the institution has partnered with the specialized platform Bitcoin Suisse AG to build a unique offer recently Approved by the local regulator, FINMA. Its customers, as well as the acquisition, retention and sale of bitcoins through their banker (transfers are currently impossible, pending regulatory clarification).
The idea of a traditional institution takes a position in a market, one of the advantages of which is to eliminate the need for trusted third parties may seem counter-intuitive. However, the solution is not for anything and Falcon customers interested in bitcoin probably share the values of some of its aficionados. They will appreciate the additional (real or obvious) security that guarantees you the use of the intermediate with pinion on the street (and supervised).
The bank a number of serious arguments to argue. In addition to its reassuring side, it has the official status indispensable to carry out the operations of certain institutional investors, which will thus, for the first time, access to the bitcoin. It also met the protections and assurances covering all the assets it manages, as well as the security mechanisms (provided, technically, by Bitcoin Switzerland AG) surrounding the storage of the digital assets of its customers.
Home Falcon Private Bank
It is not certain that this initiative will make a big difference in the (currently agitated) life of the bitcoin, if it is that it is independent of the community outside the insider circles and its own New mark of recognition On the part of a regulator. In particular, an additional publicity with an investor may not be this step has the most need for crypto-currency today, while its volatility reaches highs, compared to a use to fine trading.
On the other hand, the scope of the event should theoretically be felt in the banking environment. It is indeed time for the latter to awaken to a revolution which he continues to consider with suspicion (the myth of the conception of organized crime in life ...) and the one who prefers the mirage of technology Underneath Jacente (the blockchain). Without excess, Falcon has at least the merit of accepting the existence of the bitcoin and, consequently, seeking the possibilities it offers to develop a new field of activity.