As Bitcoin scales into a legitimate store of value, it's integration into existing financial products is essential not only for onboarding new users and for on/off ramps, but to continue its attraction to institutional investment. Banks and payment institutions are still wary of Bitcoin and BTC payments and the KYC/AML risks it brings, while blockchain as a whole challenges their very being - meaning those trading between Bitcoin and national currencies, will struggle to find accounts to accept their money.
At Xace we explore the topic at length below, while providing Bitcoin friendly accounts to compliant businesses and individuals within the EEA.
Xace™ provide FCA licenced Gambling and iGaming Business Accounts and Personal Accounts for payouts and withdrawals industry wide.
Xace™ provide FCA licenced digital bank accounts for Blockchain businesses, simplifying compliance and removing barriers to banking.
Xace™ provide FCA licenced Accounts, perfect for ecommerce sites, enabling payments and refunds via 3rd party payment gateways and merchant accounts.