RATE Group | Belarusian Bank Gets the Go-Ahead to Service Crypto Investors
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Belarusian Bank Gets the Go-Ahead to Service Crypto Investors

23 Oct Belarusian Bank Gets the Go-Ahead to Service Crypto Investors

Posted at 23:31h in Bitcoin News by

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Belarusian Bank Gets the Go-Ahead to Service Crypto Investors

A bank in Belarus has effectively gotten the green light to process transfers related to digital assets. DFS, an affiliated company of Belveb Banking Holding’s member VEB Technologies, was recently registered as a resident of the High Technologies Park. The country’s special economic zone has already become home to many crypto businesses.

Also read: Bittrex International Pulls Out of 31 Markets Citing Regulatory Uncertainty

Crypto Investment Platform to Pay Dividends to Bank Accounts

DFS LLC is the operator of Finstore.by, a platform for token sales and trading. Belveb Bank will provide its clients with regular banking services, the Belarusian news outlet Dev.by reported. Corporate entities and private individuals will be able to purchase tokens from various coin offering projects that Finstore hosts.

The first such sale begins on Nov. 1, 2019 and will be conducted on behalf of Belwest, a shoe manufacturer and supplier founded by the German concern…

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