Germany Bitcoin And a cennete for the crypto money started to turn around. Explaining that you will not receive tax from Bitcoin, now the world's first Bitcoin and crypto money bank Bitwala is entering service.
Bitwala, a blockchain-based payment provider operating in Germany, has recently launched the world's first Bitcoin bank in Germany, where there are hundreds of glamorous stories about crypto money. Bitwala announced that it has set up a banking infrastructure that includes deposits and international accounts as well as Mastercard credit and debit cards.
The German federal Financial Supervisory Center must approve and approve the application process for the official authorization of the project, which will be tested for the first time in the world on crypto money. If the necessary permits are taken, the deposit insurance fund used in the banking system in Germany will cover up to € 100,000 of damage to Bitcoin and crypto money investors. For this reason, it will have less reservations to invest in crypto-denominated bonds, as it will be officially assured in the areas of hacking and theft where the crypto money investors have been the most victims for years and people know that their investments are insured.
Bitwala Blockchain Bank A normal bank will put all facilities offered by its customers into the service of crypto money investors and will act as a Bitcoin Bank. Investors can keep crypt money in their deposit accounts, even if they want money. They will be able to buy and sell crypto money and transfer them easily between accounts. Also, the investors will be able to withdraw the Crypto money from their accounts by withdrawing them from ATMs. To provide this convenience to the Bank's customers, it will also distribute Bitwala cards, which use the Mastercard Infrastructure it understands, to account holders.
We can say that this initiative will attract all Crypto money investors from all over the world to Germany if we take into consideration that the tax will not be taken from Germany and Bitcoin and crypto parcels.Bitwala has even created Turkish application pages for Turkish investors and this field has been very successful in exciting Crypto money investors. It is worth noting that experts in the Bitcoin world may have undergone a new turn after the necessary formal leave has been issued, but some of the investors in Reddit and other social networks have made this move; Banks Describe Bitcoin's Banking As The Way To Defeat.