News

Bitfinex Enters into Partnership with Puerto Rican Bank

http://cryptoconsulting.info/wp-content/uploads/2018/05/261.jpg

It was announced that one of the largest crypto-exchanges, Bitfinex, has reached an agreement on partnership with a bank in Puerto Rico. The platform, occupying a leading position in terms of trading with the first cryptocurrency, opened bank accounts in Noble Bank International. This bank is the correspondent of the largest Bank of New York Mellon. The first mention of the possible partnership agreements between the crypto-exchange platform and the bank in Puerto Rico was noted in the March reports of BitMex. There it was noted that Noble Bank is also a partner of Tether. The Bitfinex exchange is closely connected with this company.

The report of BitMex notes that the analysis of financial data suggests a sharp increase in the volume of cash deposits of banking institutions in Puerto Rico last year. And this growth in time coincided with the emissions of Tether tokens and an increase in the capitalization of the crypto-market. Bloomberg, referring to an anonymous source, writes that Noble Bank International can be considered one of the responsible links for the growth of volumes of Tether and sharp jumps in quotations of the digital assets market. During December, the bank’s deposit accounts unexpectedly increased to $ 3.3 billion. This is suspicious, since just one year ago they amounted to $191 million only.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Crypto Consulting FZE
LICENSE NO. 2810
Free copying and distribution of materials from the Cryptoconsulting site is allowed only with the indication of an active link to Cryptoconsulting source. Specifying a link is also mandatory when copying content to social networks or print editions.

Copyright © 2017 CryptoConsulting

To Top
Authorization
*
*
Registration
*
*
*
A password has not been entered
*
Password generation