A New York Bank is Opening Accounts for Bermuda’s Crypto Startups

2019-3-2 16:03

Cryptocurrency startups in Bermuda can now open bank accounts in New York. In a press release published Thursday, the Government of Bermuda announced that it is partnering with New York-based Signature Bank.

Per the release, the deal will allow the island nation’s FinTech companies to access US banking services. #BREAKING: #SignatureBank will bank Bermuda’s #FinTech firms. The NY based commercial lender will provide a full range of banking services to companies that meet its + Bermuda’s standards. #Bermuda – licensed firms can apply immediately. #ICO #Crypto #cryptocurrencies — Toni Waterman (@ToniWaterman_) February 28, 2019 Bermuda-licensed companies can start filing banking

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