America – 650 banks and credit institutions will be able to support millions of US users to buy Bitcoin.
New York Digital Investment Group (NYDIG) recently reached a cooperation agreement with payment company National Cash Register (NCR).
Accordingly, this partnership will support 650 banks and credit institutions in the US to provide services to buy Bitcoin and many other cryptocurrencies to more than 24 million people.
.@NCRCcorporation reaches 24 million consumers through its #digitalbanking platforms and our partnership will offer turnkey access to #Bitcoin for Main Street banks. @Forbes covers how we’re working to expand customer access to the Bitcoin network: https://t.co/eQkidhS7Sf
— NYDIG (@NYDIG_BTC) June 30, 2021
This is seen as a move to compete directly with cryptocurrency exchanges like Coinbase.
“Many banks are finding their customers sending very large sums of money to crypto exchanges like Coinbase. So, this is one of the reasons why banks are so excited to help provide Bitcoin buying services to users,” said Yan Zhao, co-founder of Stone Ridge.
Recently, NCR also partnered with crypto payment company Flexa to provide crypto payment services to more than 600 stores, allowing customers to use Bitcoin, ETH, LTC, DOGE, and cryptocurrencies. other electronics to buy gas and some other goods.
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