In a recent article disclosed by Eduardo Rodriguez Gonzalez, “MoraBanc, a bank seeking to position itself in the digital asset market in the Principality of Andorra, has announced that it is offering its clients an individualized wallet for the custody of cryptocurrencies.”
To say, “This initiative is part of its strategy to expand its portfolio of services and respond to the growing demand for customized solutions in the field of digital finance.”
It has been indicated that, “The new service allows the custody of the main cryptocurrencies, such as Bitcoin and Ethereum, as well as three stablecoins: Tether USDT, USD Coin USDC and EURO Coin EURC”, specified from MoraBanc.
They added that the wallet “offers clients greater security by avoiding the need to resort to external solutions”, and “provides flexibility in the management of their investments, allowing them to adapt them to their specific needs”.
On the other hand, a turnaround is expected in the financial sector “Faced with the growing demand for banking services related to digital assets, MoraBanc created a department specializing in Digital Assets. This multidisciplinary team has developed services, such as the repatriation of cryptocurrency investment assets, known as “off-ramp”.
SOURCES CONSULTED
Cointelegraph. Andorra: MoraBanc launched a cryptocurrency custody wallet. Link
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The cover image does not belong to the author: @lupafilotaxia, the image was taken from: Cointelegraph
