“Bitcoin Central, a Bitcoin exchange that is popular in the eurozone, says it has secured approval from regulators to operate as a bank under French law. Users will be able to deposit funds in either euros or bitcoins, and to easily convert between the two. Euro-denominated funds will be insured by the Garantie des dépôts, the French equivalent to the US FDIC. The accounts will also be integrated with the French banking system, so users can have their paychecks automatically deposited into their accounts and converted to bitcoins.”
Bitcoin going mainstream? Exchange approved to operate as a bank
- Post author:The Freedom Watch Staff
- Post published:December 7, 2012
- Post category:Network Archives
Tags: Alternative News, Bankocracy, Bitcoin, CLibertyC, constitutional liberty coalition, economic Trends, Europe, for life and liberty, money, Resistance, sound money, Sudden Outbreak of Common Sense, technology, The Freedom Watch
The Freedom Watch Staff
News before it is news for the resistance from a trusted correspondent.
The Freedom Watch Network