Swiss Bank Falcon Launches Crypto Wallet With Withdrawals to Fiat
Switzerland-based Falcon Private Bank has introduced support for direct transfers and storage of select cryptocurrencies,according to an official press release published on Jan 21.
The bank announced that both private and institutional investors can now directly transfer a selection of major cryptocurrencies to and from the institution's own “segregated Falcon wallets,”as well as convert crypto into fiat money.
To start,Falcon reportedly only supports four major cryptocurrencies,
Bitcoin (BTC),Bitcoin Cash (BCH),Ethereum (ETH),and Litecoin (LTC),the press release notes.
Its a very good initiative by Swiss Bank.I like this news a lot.
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