After a disaster struck Bitwala in January 2018, with Visa suspending all crypto pre-paid cards and the suspension of their banking facilities, Bitwala seems to have fought back with some new announcements of their own.
Bitwala’s customers received the email below.
Most of us have questioned our relationship with banks before, can we really trust an institution that can close our account at any time for using crypto?
Well, we have some great news for you. Bitwala is building a blockchain-driven bank!
Here are a few quick facts about the upcoming Bitwala accounts:
- Seamless transition between crypto and fiat
- Based in Germany and each account will come with a German IBAN and BIC
- Fully regulated by The Federal Financial Supervisory Authority of Germany (BaFin) (application pending)
As our way of saying thank you, we’d like to give you early access to the all-new Bitwala that we’re currently hard at work to build. When you pre-register, you will automatically move 100 positions ahead of everyone else on our waitlist, regardless of when you pre-register.
Be among the first in the world to experience the Bitwala blockchain banking experience!
If Bitwala succeeded in solving their banking problems, we believe their business will flourish.
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