Gazprombank will provide services for the storage and exchange of cryptocurrencies

Gazprombank (Switzerland) Ltd, which is a fully regulated subsidiary of Gazprombank JSC inSwitzerland, is ready to offer its clients services in the field of cryptocurrencies and blockchain. The corresponding permission was granted to her by the Swiss Financial Market Supervision Authority (FINMA).

"We strive to be the international corporate and investment bank of choice when looking for a partner in the crypto banking industry."- writes Gazprombank (Switzerland) Ltd.

The lending institution noted that nowalong with traditional banking products, it will be able to conduct transactions with accounts in cryptocurrencies for corporate and institutional clients. These operations include storing cryptocurrencies, converting them into fiat money and cryptocurrency payments. At the first stage, access to them will be limited.

“Approved by the Swiss regulator -this is an important stage in the development of our business. We expect digital assets to become increasingly important in the global economy and, in particular, for our current and potential customers. "- said the head of Gazprombank (Switzerland) Ltd Roman Abdulin.

In particular, the company will be able to store bitcoins andprovide institutional investors with BTC-denominated bank accounts. To do this, she entered into cooperation with leading participants in the Swiss cryptocurrency ecosystem. Cryptocurrencies will be exchanged through regulated Swiss crypto brokers.

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