Crypto-Friendly Banking in Taiwan: BitoPro Partners with Local Bank for Seamless Crypto-Banking Experience

2024/06/24By:

Crypto-Friendly Banking in Taiwan: BitoPro Partners with Local Bank for Seamless Crypto-Banking Experience
Breaking news! BitoPro’s parent, BitoGroup, partners with Far Eastern International Bank Bankee to introduce the groundbreaking “crypto-friendly bank account.” This revolutionary collaboration will streamline fiat transactions between BitoPro’s customers and banks, revolutionizing the crypto exchange experience. As Taiwan’s leading crypto exchange, BitoPro continues to innovate, offering seamless banking solutions for the digital currency era. Stay tuned for more updates on this exciting partnership!

Crypto Revolution: BitoGroup & Far Eastern Bankee Unveil Crypto-Friendly Banking, Targeting 25% Transaction Growth in Landmark Partnership

BitoGroup, a leading cryptocurrency enterprise, has forged a strategic partnership with Far Eastern International Bank Bankee to revolutionize the banking industry with crypto-friendly services. This collaboration aims to increase the average daily transaction amount per user by a staggering 25%, signaling a significant shift in the financial landscape. Titan Cheng, CEO of BitoGroup, expressed his optimism about the potential for explosive growth once the service becomes fully accessible to all Taiwanese customers. Additionally, BitoPro, a subsidiary of BitoGroup, has teamed up with Neweb Technologies, a renowned third-party payment processor in Taiwan, to introduce BitoPay, a groundbreaking payment solution that enables over 300,000 merchants across the island to embrace cryptocurrency payments. This move marks a significant milestone in the integration of cryptocurrencies into daily transactions and banking operations, positioning BitoGroup as a trailblazer in the crypto banking revolution.

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Crypto Firms Propel Taiwan’s Crypto Ecosystem via Partnerships & Investments in Education & Infrastructure

Cryptocurrency firms are revolutionizing Taiwan’s crypto education and infrastructure landscape with a series of strategic partnerships and investments. At the forefront of this movement, Tether, the leading stablecoin issuer, has invested a whopping $18.75 million in Taipei-based crypto exchange XREX, enhancing the utilization of USDT-based payments in emerging markets. Beyond just financial support, Tether is also collaborating with the National Taipei University of Technology to foster blockchain and digital asset education. This groundbreaking partnership aims to provide students with in-depth knowledge and hands-on skills in blockchain technology, Bitcoin, and stablecoins, positioning Taiwan as a hub for crypto innovation and education. As these developments unfold, it’s clear that international crypto firms are committed to bolstering Taiwan’s crypto ecosystem, from strengthening its infrastructure to educating its future workforce.

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