Argentina’s Largest Private Bank Launches Crypto Trading Feature

Discussion in 'Crypto Assets' started by johnarb, May 2, 2022.

  1. johnarb

    johnarb

    Prolly nothing...


    https://www.coindesk.com/business/2...private-bank-launches-crypto-trading-feature/


    Argentina’s Largest Private Bank Launches Crypto Trading Feature
    Banco Galicia now allows users to buy bitcoin, ether, USDC and XRP.
    By Andrés Engler
    May 2, 2022 at 9:54 a.m. PDT
    Updated May 2, 2022 at 10:41 a.m. PDT

    [​IMG]

    Buenos Aires, Argentina (Sadie Teper/Unsplash)
    Banco Galicia, the largest Argentinian private bank by market value, has added the option to buy and sell cryptocurrencies on its platform, the company confirmed Monday.
    • The bank added a feature in the investment section of its app for users to acquire bitcoin (BTC), ether (ETH), USDC and XRP, telling its customers that it is a new tool. CoinDesk verified this by logging onto the platform.
    • It's the latest tie-up between financial incumbents and service providers looking to bring crypto to the masses – be it PayPal tapping Paxos or NYDIG working with U.S. credit unions.
    • Banco Galicia's service is operated in partnership with Lirium, a Liechtenstein-based crypto product for digital wallets and mobile banking apps, CoinDesk confirmed.
    • When a user asked the bank on Twitter if the service was available, Banco Galicia said yes and added that it was adding new investment options.
    • Banco Galicia belongs to Grupo Financiero Galicia, which is listed on the Buenos Aires stock exchange and on Nasdaq under the ticker GGAL.
     
    Trader Curt likes this.