Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $2,120 trillion. Bitcoin is up by nearly 4% in comparison with last Sunday. Ethereum lost 2% in value over the week. XRP is down by roughly 4% after a troublesome week. Most altcoins, except Avalanche, have traded in the red for most of the week. The DeFi sector gained almost $1.4 billion from the…
SEBA Crypto AG, a crypto-focused banking firm based in Switzerland, has expanded its services to nine new nations. The startup aims to offer the crypto industry with banking services that it has lacked for a very long time.
SEBA made this move after it received a Swiss banking license. It was obtained in August and started full operations just a month ago.
It named the new countries like Austria, Portugal, Singapore, France, Germany, Hong Kong, Netherlands, United Kingdom, and Italy in a press statement. Further, it criticized the significant discrepancies that exist between traditional financial institutions and the crypto industry.
It noted the wide gap between the two financial institutions, even after Bitcoin’s ten years of existence. However, SEBA hopes to bridge the gap between digital currencies and the traditional banking system with its new expansion.
The firm provides a wide range of banking services to its customers. Clients can open bank accounts and get an e-wallet alongside its SEBA card. Also, they can tokenize all forms of assets, including real estate and investment products.
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