German Blockchain based payment service provider Bitwala has launched a new first crypto banking service with German customers for accounts, international bank account numbers (IBAN), SWIFT codes and Cointelegraph Deutsch, the MasterCard debit card.
The application process is continuing with the German Federal Financial Supervisory Authority (BaFin) to approve the project. The payment service provider emphasizes that German deposit insurance will protect customer funds in amounts up to 100,000 Euros.
Thanks for reading and upvotes