First and foremost, Eid Mubarak. In a tweet earlier today, Banco Galicia (Nasdaq: GGAL), Argentina's largest private bank, stated that it will allow its users to purchase and sell bitcoin and other cryptocurrencies as part of a series of "new investment choices." According to CoinDesk, the bank has added a function to the investing area of its mobile app that allows customers to acquire BTC and a few other cryptocurrencies.
Banco Galicia will collaborate with Lirium, a cryptocurrency infrastructure business, to launch these new investment vehicles. Banks and digital wallets can use Lirium to purchase, sell, send, and receive cryptocurrency. Argentina has proven increasingly welcoming to bitcoin usage during the last two years.
Banco Galicia was established in 1905 and is regarded as one of Argentina's most important banks. According to its LinkedIn website, the financial company has over 4.2 million business and individual clients.
A few hours later, Brubank announced that it has integrated cryptocurrency trading features to the investment section of its website.
"Yes, we already have crypto!" company exclaimed on Twitter. "It is a feature that is gradually becoming available to all of our users. When you enable it, you'll be able to see it by going to the app and selecting 'Investments.' "According to the tweet. Brubank, according to the website CriptoNoticias, offers bitcoin and ether trading, as well as the stablecoins USD Coin (USDC) and DAI.
Brubank is an Argentine digital bank that was founded in 2017. Brubank, headquartered in Buenos Aires, is a financial technology firm that provides mobile banking as well as other financial services. It is regarded as Argentina's first totally digital bank.
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