Swiss bank introduces Bitcoin-based financial instruments

in #bitcoin7 years ago

FalconBank.jpg

The Swiss investment bank Falcon has obtained all necessary permits and has announced the availability of its Bitcoin-based investment products to its clients.

It is the first bank in the world to offer such an investment. The Bank will work with Bitcoin Suisse on this project. Falcon is an investment bank specializing in the management of private equity.

On the website of the bank, we can read a short film introducing investors briefly on the subject of the cryptanalyst. The decision of the bank and Swiss financial supervision is groundbreaking. So far, banks have been reluctant to look at Bitcoin, seeing it as a money laundering tool. Particularly cautious are the Swiss banks, some of them recently had serious problems with accusations of tolerance of this operation (led, add, without the participation of digital currency).

As a small addition to its clients, the bank installed a bitmap in its head office in Zurich.

FalconATM.jpg

Falcon's decision may be the beginning of a new phase in Bitcoin's difficult relationship with bankers. At first they looked at the BTC like an unknown monster from the depths. Later financiers survived the wave of fascination with block chain technology. The third stage that Falcon may have started with is the treatment of Bitcoin as a "mere" currency and investment asset, which has a number of interesting features and advantages from this point of view. Such as, for example, limited emissions and independence from politicians.

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@tookas
Good Post!
Thanks for sharing.