11 Jul '13, 5pm

Germany's Bitcoin.de and Fidor Bank AG form partnership - CoinDesk

Germany's Bitcoin.de and Fidor Bank AG form partnership - CoinDesk

German bitcoin marketplace bitcoin.de and Fidor Bank AG have formed a large-scale partnership, with the online bank agreeing to provide a ‘liability umbrella’ to the marketplace operator Bitcoin Deutschland GmbH. This means the marketplace can prove it is officially following financial market regulations, such as anti-money laundering legislation. “With Fidor Bank AG as our partner, the digital bitcoin currency, which was initially smiled at as internet play money, is increasingly turning into a serious alternative currency after only four years,” said Oliver Flaskämper, managing director of Bitcoin Deutchland GmbH. “In the context of this cooperation with Fidor Bank, in the weeks to come, our customers will be given the opportunity to trade on bitcoin.de in near real-time using a free FidorPay giro account,” he added. Darragh Browne, founder at Blockspin, which builds bit...

Full article: http://www.coindesk.com/germanys-bitcoin-de-and-fidor-ban...

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