Digital Bank, Digital Money: WB21 Starts Accepting Bitcoin
A bank accepting Bitcoin is unusual but one has just sprung up. Digital bank WB21 says it will be using BitPay’s Bitcoin payment processor for its addition of Bitcoin as a method for its over 650,000 customers. A major problem this addition would solve, according to the bank’s CEO, Michael Gastauer, is WB21 not maintaining a local account in the countries of some of its customers. Gastauer explains: “By accepting Bitcoin, our customers can instantly transfer funds to their WB21 account from any country in the world. As soon as they send bitcoin to our address, we credit the value in the....
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Digital bank WB21 announced that it has added Bitcoin as a method for its customers to transfer and deposit funds to their checking accounts. WB21 customers can now send Bitcoin to make real time account deposits in any of the 18 currencies supported by the bank. “A bank accepting Bitcoin is quite unusual, however it makes total sense for us and provides huge benefits to our clients,” said WB21 founder and CEO Michael Gastauer. “We are offering instant account opening in 180 countries. The problem some of our clients face is how to make deposits if we don't maintain a local account in....
WB21 will be the first digital bank to accept deposits in bitcoin from customers looking to transfer and deposit funds into their checking accounts. Customers of digital bank WB21 will now be able to use bitcoin to transfer and deposit funds to their checking accounts. The bank has over half a million customers around the world, enabling them to make real-time deposits from bitcoin transfers into 18 local currencies currently offered by WB21. WB21 will be using leading bitcoin payment processor BitPay to enable the feature. In essence, it is very likely that customers will be able to....
The Digital bank WB21 recently announced that it will be accepting bitcoin deposits. As the popularity of bitcoin increases, we can expect more banks to follow suit. Bitcoin and the banking sector do not go well together – it is a known fact. But as the importance of bitcoin in the current global economy increases, it is becoming hard for the banks to ignore the digital currency completely. Last week WB21, a digital bank announced that it will soon start accepting Bitcoin deposits. By doing so, WB21 became the first banking institution in the world to make such an announcement. This move....
Bitcoin is starting to make waves in the banking world, albeit not in a traditional sense. Digital bank WB21 is the first of its kind to accept Bitcoin deposits. With over 650,000 customers, this news could be quite big for worldwide Bitcoin adoption moving forward. The addition of Bitcoin deposits to WB21 is a significant move, as customers can directly deposit funds to their checking accounts. All of the payments will be handled by BitPay, the world’s leading Bitcoin payment processor. This company has multiple years of experience in dealing with Bitcoin payments, and will be a valuable....
Straits Financial has partnered with BitPay and WB21, allowing users to fund their account with Bitcoin deposits. Bitcoin as a form of payment can’t be ignored anymore. Many online and offline stores have already started including Bitcoin as an alternative form of payment alongside conventional ones. Now, a futures trading company Straits Financial LLC has decided to include Bitcoin as one of the payment options. Straits Finanical LLC is a subsidiary of Singapore-based Straits Financial Group. By including Bitcoin payments, Straits Financial LLC has become the first US-based Futures....