Australian Neo-Bank Volt and BTC Markets Strike Major Partnership Deal

2021-9-7 16:10

The partnership will see BTC Markets’ customers enjoy funds protection as well as real-time trading

Volt, an Australia-based neo-bank, and cryptocurrency exchange BTC Markets (BTCM) have agreed to a major partnership, Reuters has reported.

"We are excited to announce that we have partnered with neobank Volt in order to bring greater speed and stability to our customers," BTC Markets tweeted on Monday.

The arrangement between Volt and BTC Markets is said to be a "world-first", allowing a regulated deposit-taking provider to integrate with a cryptocurrency platform.

The difficulty of pushing the deal through reportedly slowed down the partnership's progress, with the two firms able to finalise their project after navigating Australia's tough regulatory requirements on neo-banks.

The strict regulatory environment also meant that BTC Markets needed to prove that it was compliant with Know Your Customer (KYC) and Anti-Money Laundering (AML) requirements. It was only after the two firms satisfied regulators over these and other procedures that the deal was allowed to go ahead, Volt exec Andrew Clouston revealed in a statement.

The partnership will see BTC Markets access Volt's banking-as-a-service platform and benefit from the neo-bank's integrated banking services. The crypto exchange's 325,000 users will, going forward, get notified in real time about their transactions as well as access automatic payments, Reuters noted in the report.

Customers of BTC Markets will also soon get a chance to access real-time trading via their Volt accounts, with deposits into those accounts protected under the Financial Claims Scheme.

Volt received its banking licence in 2019, and the move to partner BTCM allows it to expand its growth strategy with the opening of new bank accounts. BTC Markets, on the other hand, is a major Australian digital asset platform launched in 2013. The company, which boasts a user base of over 325,000 verified accounts, is also gearing up for user growth in the wake of this partnership.

The post Australian Neo-Bank Volt and BTC Markets Strike Major Partnership Deal appeared first on Coin Journal.

origin »

Bitcoin price in Telegram @btc_price_every_hour

Bitcoin (BTC) на Currencies.ru

$ 71553.8 (+0.13%)
Объем 24H $51.496b
Изменеия 24h: 2.39 %, 7d: 4.73 %
Cегодня L: $71353.89 - H: $71553.8
Капитализация $1431.897b Rank 1
Цена в час новости $ 51852.46 (37.99%)

markets partnership btc australian major deal neo-bank

Источник: coinjournal.net

markets partnership → Результатов: 126


PrimeXBT Covesting Review [2021] | Fees, Withdrawals, Minimum Deposit

PrimeXBT came into the crypto markets with aggressive adverts and appealing features – it was a platform with a mission to take on the leader among crypto margin exchanges – BitMex. They tried luring new customers with incredibly high leverages (100x) and more recently, by entering a partnership with Covesting, a cryptocurrency social trading platform […] The post PrimeXBT Covesting Review [2021] | Fees, Withdrawals, Minimum Deposit appeared first on CaptainAltcoin.

2021-3-3 17:09


ProBit Exclusive to Feature Venture Capital-Backed Unilend and its Ambitious $29 Billion Market Opportunity

The UTF Exclusive Lite starts December 9, 11:00 KST, with a $10,000 allocation available for all subscribers through PROB tokens during the 24-hour subscription period. Following up on UFT’s official listing on ProBit Exchange’s markets, the freshly forged partnership looks to duplicate the success of previous Exclusives that were able to reach annualized returns of … Continued The post ProBit Exclusive to Feature Venture Capital-Backed Unilend and its Ambitious $29 Billion Market Opportunity appeared first on BeInCrypto.

2020-12-8 22:49


TradeStation Crypto Connects to ErisX To Boost Trading Liquidity; Joined Fidelity Last Week

A week after securing a similar partnership with Fidelity Digital Assets, TradeStation Crypto adds ErisX to expand its connectivity and liquidity to its platform. On the 15th of April 2020, TradeStation Crypto, the Crypto arm of the popular TradeStation platform, announced that customers now have access to quotes and liquidity from ErisX’s spot markets for […]

2020-4-16 19:32


Binance Adds 15 New Instant Fiat-to-Crypto Conversions With Simplex Partnership

Trying to corner local markets, the Malta-based crypto exchange Binance has added support for 15 more fiat currencies through the integration with Simplex. Gateways for currencies like the Korean won, the Swiss franc, the Polish zloty, the South African rand and the Australian dollar have been created and made available through the exchange’s fiat-to-crypto trading […]

2020-2-14 19:06


AX Trading integrates Quant Network’s blockchain for digital asset interoperability

CryptoNinjas - Bitcoin, Cryptocurrency & Blockchain Asset SourceAX Trading LLC (AX), a technology-enabled registered broker-dealer and Alternative Trading System (ATS) operator, today announced a strategic partnership with Quant Network a technology company providing financial and regulatory technology as well as interoperability in financial services, payments, and capital markets infrastructure.

2019-8-8 18:35


BLOCKCHAIN PROPULSION and KOOPHub partner to support blockchain startups in Turkey

CryptoNinjas - Bitcoin, Cryptocurrency & Blockchain Asset SourceBLOCKCHAIN PROPULSION, a recently launched Swiss-based global accelerator program designed to build blockchain start-ups and enterprises into successful businesses, has announced a new strategic partnership with KOOPHub to support blockchain startups in fundraising, project implementation, and expanding into global markets.

2019-8-7 00:44


English Football Giant Newcastle United Scores Crypto Trading Sponsor

Newcastle United  F.C. – one of the top-tier Premier League football teams in England – now has a new crypto trading sponsor. Newcastle United Scores Crypto Partnership According to a press release published today, StormGain becomes Newcastle United's new Official Sleeve Partner, showing off the cryptocurrency trading platform's brand name on the football team's shirts […] The post English Football Giant Newcastle United Scores Crypto Trading Sponsor appeared first on CCN Markets

2019-8-5 13:02


Nintendo and Tencent to Shed Light on Risky China Switch Launch

Following rife speculation, the partnership between Nintendo and Tencent to bring the Switch console to China has shifted up a gear. As reported by Niko Partners Analyst Daniel Ahmad and in a joint announcement on Chinese social media platform Weibo, Tencent’s senior VP Steven Ma and Nintendo senior executive officer Satoru Shibata will take to […] The post Nintendo and Tencent to Shed Light on Risky China Switch Launch appeared first on CCN Markets

2019-7-25 00:30


Orion Protocol and Wanchain partner for atomic swap technology

Orion Protocol and Wanchain partner for atomic swap technology » CryptoNinjas Orion Protocol, a liquidity aggregator connected to multiple exchanges, and Wanchain, an EVM-based cross-blockchain solution, have announced a new strategic partnership to use Wanchain’s public blockchain as an atomic swap solution, a process which is essential for Orion decentralized trading.

2019-7-24 19:09


BitMart and Paxful Join Forces on OTC Trading, Move to Enter the Peer-to-Peer Financial Revolution

NEW YORK NY, July 9, 2019 — BitMart, a premier global digital asset trading platform, is pleased to announce a strategic partnership with Paxful, a global peer-to-peer Bitcoin marketplace. The partnership marks the two entities have taken together in the hopes of increasing liquidity and scalability, lowering the investment barriers for the unbanked to participate […] The post BitMart and Paxful Join Forces on OTC Trading, Move to Enter the Peer-to-Peer Financial Revolution appeared first on CCN Markets

2019-7-9 16:19


Telcoin Partners with Leading Vietnamese Mobile Wallet VIMO for International Remittance

Partnership aims to introduce fastest, most affordable option for US$1B Canada-Vietnam remittance corridor 26th June 2019 – Singapore and Hanoi, Vietnam — Telcoin Pte. Ltd. , a fintech startup leveraging blockchain technology to facilitate high-speed, low-cost international remittances, today announced a partnership with Vimo Technology JSC, operator of leading Vietnamese digital wallet Vimo.

2019-7-3 18:14


Caspian platform integrates Lendingblock showcasing crypto yield opportunities

Lendingblock, a regulated, open exchange for institutional borrowing and lending of digital assets, today announced a partnership with Caspian, the full-stack institutional crypto trading platform. The integration between Lendingblock and Caspian will offer institutional investors that use Caspian’s order-execution management system across both digital assets and traditional capital markets the opportunity to access cryptocurrency lending […]

2019-7-2 18:06


дальше еще 77 новостей →

Партнеры Currencies.ru



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Over 40,000 BTC leave exchanges as Bitcoin hits $82k

Bitcoin rose to a new all-time high above $82 on November 11, 2024 Over 40,000 Bitcoin valued at nearly $3. 28 billion have left exchanges in the past week. The price of Bitcoin (BTC) has climbed to a new record high above $82,000 as the momentum that pushed cryptocurrencies higher continues to dictate sentiment.