Berlin-based crypto banking startup Bitwala has announced the launch of their bitcoin banking app for iOS and Android.
The company said that all bank accounts will be hosted by solarisBank, a licensed German bank supervised by the Federal Financial Supervisory Authority (BaFin), and deposits up to 100,000 will be protected by the German deposit guarantee scheme.
Customer Bitcoin balances, according to the companys chief financial officer Christoph Iwaniez, are booked directly on the Blockchain via a multi-signature wallet, allowing customers to be fully in control of their wallets at all times.
Read more and source --->
https://finance.yahoo.com/news/bitcoin-bank-accounts-now-available-184131158.html
Bitwala seems to have started a good project, especially as accounts are multi-signatures, allowing users the opportunity to control their coins.
Also, you will get a free debit Mastercard for free withdrawals.
Perhaps it is a good option for those who are considering integrating their banking and cryptos activities, what do you think?