- NCR (NYSE:NCR) Corp will initiate Bitcoin purchases for 650 US banks.
- These banks will soon allow their users to purchase Bitcoin directly.
- The deal could not go through without the NYDIG’s custody services.
NCR Corp has taken the world by storm with its latest news — it will open Bitcoin purchases to multiple banks and credit unions. This means that over 650 US banks will soon be offering Bitcoin buying to about 24 million customers.
Enterprise payment titan NCR and the well-known digital asset management company NYDIG, struck the deal. It means that community banks and credit banks from all parts of the USA will be able to provide crypto trading via mobile apps for their clients.
NYDIG’s custody services give financial institutions the option to choose a service where they are not encumbered by the mandatory need to comply with regulations. The NCR thought it a necessary move.
Lately, more and more banks have been restricting their users fr...
This article was first published on coinquora.com