09 Oct '13, 1pm

The Legitimization Of Bitcoin: Kraken Partners With BaFin Regulated Fidor Bank #Forex #Trading

The Legitimization Of Bitcoin: Kraken Partners With BaFin Regulated Fidor Bank #Forex #Trading

Events surrounding the means by which digital currency transactions are carried out have given way to a litany of speculative opinions which now adorn many crypto-currency related forums and portals, the most recent being the US government’s seizure of Silk Road . The flipside of this is the institutionalization of certain virtual currencies, as digital exchanges begin to partner with online banks. Today, the recently established Kraken digital currency exchange has fostered an exclusive partnership with German online financial institution Fidor Bank, regulated by German Financial Supervisory Agency BaFin, in order to provide Kraken’s customers in the European Union with traditional banking facilities. With the demise of high-profile anonymous marketplaces at the hands of the authorities, and other lesser known ones of their own accord during the course of this month, the ...

Full article: http://forexmagnates.com/the-legitimization-of-bitcoin-kr...

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