FV Bank Announces Rollout of Custody Money Market Accounts
LAS VEGAS--(BUSINESS WIRE)--Oct 23, 2023--
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LAS VEGAS--(BUSINESS WIRE)--Oct 23, 2023--
FV Bank will let customers hold, transfer and settle both digital assets and fiat currencies in one account.
Verifying the identity of a business is a much more complex task than verifying the identity of an individual, yet the underlying technology used in both is the same.
FV Bank will let users hold crypto and traditional currencies in the same account. It says it can do that because it’s licensed in the U.S. territory as a bank and a digital-asset custodian.
FV Bank, the U.S. licensed challenger bank and digital asset custodian, has confirmed that it has been approved as a Principal Member of Visa.