Kraken Forms Exclusive Partnership with Fidor Bank

image

Oct 9th, 2013 – Kraken announced today an exclusive partnership with Fidor Bank. Fidor is Germany’s first Web 2.0 online bank and is regulated by the German Financial Supervisory Agency BaFin. The partnership is the first of it’s kind and represents a new level of security for Kraken users, and a new level of legitimacy for Bitcoin and other digital currencies. Remarking on the partnership, Kraken founder and CEO Jesse Powell said, “In Fidor Bank we’ve found our ideal partner, a forward-thinking financial institution that’s fully on board with our stated goal of combining the predictability and stability of traditional banking relationships with the social and economic benefits of the new digital currencies. We’re thrilled to be able to offer these services to customers in the EU, and hope to offer more services globally soon.”

Read More: