The Swiss post office will now provide storage and trading services for cryptocurrencies through its banking arm, PostFinance. Swiss government officials, who could not ignore the increasing demands, may have taken a critical step for BTC.
The service, which is likely to be available by 2024 at the latest, is predicted by the bank to increase the adoption of cryptocurrencies in the country, Swiss Info shared as of today. States' support for Bitcoin and altcoins is seen as one of the most important developments for the cryptocurrency industry.
Although Bitcoin, the leading cryptocurrency, has fallen sharply in the last 9 months, the increase in its adoption rate proves that the new bull season will be much bigger. PostFinance officials, on the other hand, made the following statements after this new decision:
"Our customers want direct access to this sector through their banks. We have started our work in this direction."
PostFinance head of banking, Sandra Lienhart, says cryptocurrencies have grown in popularity among institutional and individual investors over the past 18 months. Stating that it is the right time to take steps about the crypto money industry in the face of this increasing demand, Lienhart seems to believe in the future of Bitcoin. After El Salvador, states are expected to make breakthroughs in Bitcoin, and it is expected to carry the crypto industry to much higher levels in the coming years.
TradeStation Will List These 6 Altcoins
In the period when the declines in the crypto market continue, the brokers continue to work. As of today, Trade Station, a huge crypto trading platform, announced that it has decided to make a new listing for 6 altcoins.
While TradeStation has so far only supported its customers Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH) and USD Coin (USDC), these new listings have excited investors. As of today, TradeStation has been seen to list the following altcoins:
Shiba Inu (SHIB)