What is a Crypto-Friendly Bank?

[Bhosale Ajay]

A crypto-friendly bank refers to those banks that support cryptocurrencies like Bitcoin, Ethereum, and others. These forward-thinking banks will either be integrating cryptocurrencies straight into their online banking websites or have already done so. Moreover, while some banks have previously rejected Bitcoin transactions, more banks are now adopting a more open attitude toward this new technology, merging cryptocurrency and normal banking activities into the same interface.

1st Crypto-Friendly Banks: Nuri
What is Nuri?
Nuri, formerly known as Bitwala, is a regulated and registered German bank. It was created in 2015 and is open to the European Economic Area inhabitants. Further, it has been a popular alternative among many modern investors who want to mix traditional fiat money with cryptocurrency assets. Nuri bank is a fully secured digital bank in Europe.
Moreover, it is supported by many top-tier venture capital firms worldwide, including Earlybird, Digital Currency Group, Alstin Capital, Global Brain, and HTGF, making it a secure platform for both crypto and fiat. They also provide a mobile application for both Android and iOS devices.