23-05-2018 00:00 via newsbtc.com

Argentinian Bank to Use Bitcoin for Cross-Border Transactions

BMV bank has revealed a partnership with Bitex to allow customers to make cross-border payments in Bitcoin. They aim to utilise Bitcoin as a low-fee cryptocurrency which can be transferred across borders and easily exchanged for fiat currencies.
Bank Moves from SWIFT to Bitcoin
BMV said in a statement: “The service allows you to reduce costs associated with international transfers as there are no international banks as intermediaries. The logistics solution allows for a reduction in the ti
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