650 Banks & Credit Unions Offer Bitcoin Services In Collaboration NYDIG, NCR - Kakiforex.com - Financial Market Media No. 1 in the World 650 Banks & Credit Unions Offer Bitcoin Services In Collaboration NYDIG, NCR 650 Banks & Credit Unions Offer Bitcoin Services In Collaboration NYDIG, NCR
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July 1, 2021

650 Banks & Credit Unions Offer Bitcoin Services In Collaboration NYDIG, NCR

 A recent report revealed the New York Digital Investment Group (NYDIG) and the National Cash Register (NCR) collaborated to set up Bitcoin-related services (BTC) involving banks and credit unions in the United States (US).


About 650 banks and credit unions in the country are set to open crypto trading services to their 24 million customers.


The service is said to be available through a mobile app developed by NCR with easier features as Bitcoin purchases and sales can be made using existing accounts.


Indirectly, a relief for the bank as it no longer needs to compete with crypto exchange platforms due to the growing record of crypto trading.



This effort is also good news for the crypto community as financial institutions now have the option to provide services based on protection services from NYDIG.


NCR is arguably one of the largest businesses spanning 160 countries, involving a wide range of services ranging from digital banking to ATMs, and kiosks.


Current records show NCR serves 180,000 restaurants, retail businesses, and others


Most recently, NCR partnered with crypto payments firm, Flexa to create the use of cryptocurrencies such as BTC, Ethereum (ETH), Litecoin (LTC), Dogecoin (DOGE) covering 600 stores for the purchase of gas and other goods.