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2018-7-18 02:27 |
The deal for a 9.9 percent stake in WEG Bank AG resulted through a partnership with the crypto startup TokenPay, as previously reported.
According to Lee, that best-case scenario would see WEG Bank attempt to launch crypto products and services – but that’s not a done deal by any means, the litecoin creator conceded.
He wrote:
“Best case is that with this bank, we are able to create and deliver crypto solutions like debit cards, merchant processing, and other innovative solutions.
However, even with a stake and influence at the bank, it’s not guaranteed that this will succeed.”
That being said, owning a stake in a licensed bank gives the Litecoin Foundation “a much higher chance of succeeding.”
Time New Bank (TNB) на Currencies.ru
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