Bitstamp Exchange announced a partnership with a Swiss bank and broker Dukascopy

Bitstamp cryptocurrency exchange has announced cooperation with currency market-oriented Swiss bank and broker Dukascopy, which in the past has already announced that it will work more actively in the field of digital assets and promised to present a set of cryptocurrency tools. Some of them are currently undergoing testing.

Thanks to cooperation with Bitstamp, licensed as a regulated financial institution in Luxembourg, Dukascopy customers will be able to buy bitcoins for dollars just like any other currency on the platform. Unlike most traditional brokers working with derivatives, customers of Dukascopy, acquired by customers of Dukascopy, can be withdrawn into their own wallets.
Representatives of Bitstamp said that the cooperation will help reduce the gap between the sphere of cryptocurrency and the world of traditional finance.

Last June, Dukascopy began to provide cryptocurrency-related companies with the opportunity to open accounts for their business. In addition, the bank is developing its own cryptocurrency called Dukascoin and intends to hold an ICO in early March of this year. In December last year, the Swiss Financial Market Supervision Authority (FINMA) formally approved the launch of the ICO, reporting that Dukascoin meets all regulatory requirements.