Bitwala has partnered with Berlin-based banking platform solarisBank to launch the first ever blockchain bank account that will manage both Euro and cryptocurrency funds
The goal is to launch by November and will include many services including cryptocurrency trading, a debit card, as well as regulatory protection (supervised by BaFin & Bundesbank) of Euro deposits of up to €100,000
With over €4 Million funds raised, Bitwala already has 35,000 customers who have pre-registered for the new service
“We are very proud to partner with solarisBank as we launch our new product. Their technical services and regulatory umbrella enable Bitwala to be fully compliant with German banking requirements while offering a reliable user experience,” said Jörg von Minckwitz, President of Bitwala GmbH.