© Reuters. WEGBank Secures Crypto Trading, Custody License in Estonia
WEGBank has secured a license to trade crypto assets and offer custodial services. The licenses are valid in Estonia, meaning the bank can target the extremely lively European crypto market.
WEGBank is partially owned by the Foundation and is also partnering with TokenPay and Verge Currency.
The move by WEGBank arrives at a time when crypto companies are facing higher institutional scrutiny, and securing banking services is problematic for some projects. WEGBank will combine all parts of the process, linking traditional finance with the potentia…
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
View original post