Bitcoin bank seeks regulatory approval
- InvestorDaily
James Mitchell
12 February 2014
"Despite increasing talk of a bubble in the peer-to-peer Bitcoin economy, an Australian company is looking to ‘legitimise’ the online currency with the proposed launch of a Bitcoin bank.
Web technology company HotwirePE yesterday announced the launch of Denariuz Bank, which it claimed would be “the first bank based solely on crypto-currency in the world”.
Speaking to InvestorDaily, HotwirePE chief executive Dr Steven Wright said his firm was working with the Australian Taxation Office and ASIC and is aiming to “have a full banking licence from APRA based on Bitcoin”.
https://www.investordaily.com.au/latest-news/34996-bitcoin-bank-launched-in-australia
- InvestorDaily
James Mitchell
12 February 2014
"Despite increasing talk of a bubble in the peer-to-peer Bitcoin economy, an Australian company is looking to ‘legitimise’ the online currency with the proposed launch of a Bitcoin bank.
Web technology company HotwirePE yesterday announced the launch of Denariuz Bank, which it claimed would be “the first bank based solely on crypto-currency in the world”.
Speaking to InvestorDaily, HotwirePE chief executive Dr Steven Wright said his firm was working with the Australian Taxation Office and ASIC and is aiming to “have a full banking licence from APRA based on Bitcoin”.
https://www.investordaily.com.au/latest-news/34996-bitcoin-bank-launched-in-australia
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