Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
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This is massively positive news for BTC as many retail investors still have got the slightest clue about BTC, how to trade it, hodl it etc. Many even believe they can't afford it, thinking they have to buy a whole or multiple coins and not realising you can purchase any divisible amount. This move will help rectify those misconceptions and lead to a whole new wave of bank customers investing in BTC and probably other crypto. If this isn't a massive indication that BTC, crypto and blockchain are here to stay and represent the future I really don't know what does. Arb will come good and when it does the current price will seem like a distant, almost unbelievably low entry point.
Yes @Jack good plan.
@ Mitt, some things are just too good to change! :-))
Think our lovable old rogue Pearls started posting on these boards when we were around 70p, So even after a couple of poor months he would still be a pound a share up. Now compare and contrast with HBR and SGI which have gone nowhere but backwards in the same timeframe - And then Ask yourself would you take any sort of notice of anything he said ? Nope me neither ;)
Limping - same menu for the weekend lol
yes please could you scrape some off of the soles of your feet Pearls
What about some cheese?
how about a beer and a massage like those cows get.
News everyday it seems now, more and more acceptance.
I plan to toast that fact with multiple burgers this weekend...wagyu in fact!
Thank you for sharing. It is indeed happening.
Supermarket booths selling Lottery cards....and stamps etc.
Reminds me of lottery cards now sold at all the supermarkets etc.
Sorry, here's the link.
https://www.nasdaq.com/articles/nydig%3A-bitcoin-is-coming-to-hundreds-of-u.s.-banks-this-year-2021-05-05
Apologies if the following has alrady been posted...
'Customers of U.S. banks will soon be able to buy, hold and sell bitcoin through existing accounts, according to NYDIG.
Institutional bitcoin solutions provider NYDIG has announced a partnership with leading fintech company Fidelity National Information (FIS) to bring bitcoin services to hundreds U.S. banks in the coming months. The partnership could allow countless customers to buy, hold and sell bitcoin through their legacy bank accounts, according to the firm.“What we’re doing is making it simple for everyday Americans and corporations to be able to buy bitcoin through their existing bank relationships,” the head of bank solutions at NYDIG, Patrick Sells, told CNBC.
Hundreds of banks are already enrolled in the program, according to Sells.
The partnership seeks to simplify the process by cutting out the middlemen of bitcoin exchange services. According to NYDIG President Yan Zhao, banks are “seeing deposits going to the Coinbases and Galaxies and Krakens of the world,” and want to capture that movement, per CNBC.
NYDIG will be in charge of bitcoin custody and trade execution, while FIS, “a vendor to banks with nearly 300 million checking accounts,” will take care of the link to lenders, according to the report.
This partnership will enable banks to “drive fee income and better attract and retain customers,” per a news release on the partnership.
“As demand for bitcoin as a store of value continues to grow, FIS is focused on enabling our core banking clients to respond to growing market demand and better serve their customers,” said Rob Lee, head of global core banking and channels at FIS, per the release.
“Once a financial institution enables this solution, their customers will be able to view and manage bitcoin holdings alongside their traditional accounts in a single view,” according to the release. This new solution will encourage more people to own bitcoin, further driving adoption by simplifying the bitcoin purchasing, holding and selling experience.