Bitcoin makes money transfer easy, affordable and quick and
traditional banking sectors have yet to catch up with the trend.
Forex and CFD brokers have long - standing relationships with
the traditional banking sector and already have a range of fee - free deposit and withdrawal options in place.
Circle CEO Jeremy Allaire said in April that bitcoin will only emerge as a global payment platform if and when governments and regulators embrace interaction between
the traditional banking sector and the new guard.
«There's not high trust for
the traditional banking sector.»
Cointed is ready to put all the online services and hardware technology that they possess to shorten the distance between
the traditional banking sector and the cryptocurrency world.
Belfrics views the rollout of its African bitcoin exchanges as an opportunity to tap into the vast unbanked populations of Africa, as well as providing a viable competitor to
the traditional banking sector.