Swiss Private Bank - Falcon - in cooperation with Bitcoin Suisse AG - will begin supporting ether (ETH), litecoin (LTC) and bitcoin cash (BCH) on August 22, 2017.
To start this activity, Falcon got approval from the Swiss Financial Market Supervisory Authority (FINMA), Switzerland’s financial regulator.
Arthur Vayloyan, the Global Head Products & Services, said: “Following our strategic partnership with Move Digital, a best-in class provider of digital asset management and investment advisory systems, this is a further tangible element of our new strategy. We are proud to be the first-mover in the Swiss private banking area to provide blockchain asset management for our clients. Falcon is convinced that the time is right to enter this nascent market and it is our firm belief that this new product will fulfil our clients’ future needs.” The move was qualified as “a historic milestone for the entire crypto space.”
This is definitely a milestone in the cryptocurrency world!
For more, welcome to cryptolook.io soon ... :)