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Tag Archives: Crypto Bank

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Visa's Crypto Banking Plan May Be What We've Been Waiting For

Visa’s Crypto Banking Plan May Be What We’ve Been Waiting For

NewsBy adminFebruary 5, 2021Leave a comment

The world’s largest credit card company, with its 1.1 billion credit cards in circulation and its partnerships with 275 banks, has launched a crypto buying, trading and custody platform for partner banks. Thanks to Visa’s vast global reach and long-term relationships with banks, this could be the catalyst the cryptocurrency world has been waiting for…

Banks with Big Blockchain & Crypto Plans

Banks with Big Blockchain & Crypto Plans

NewsBy adminJanuary 28, 2021Leave a comment

Banks, traditionally conservative and risk-averse institutions, are increasingly getting involved in blockchain and digital currency transactions. Here are the latest three banks with big blockchain plans, and what their role in mainstreaming cryptocurrencies might mean for the future…

Avanti crypto bank

The First Exclusive Crypto Bank to Soon Launch in the United States

NewsBy adminFebruary 28, 2020Leave a comment

Under the leadership of a Wall Street veteran, the United States’ first exclusive crypto bank will soon launch in Wyoming. Find out what critical gaps this enterprise will fill for crypto’s market infrastructure.

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Important Tax Considerations:
BitIRA is not a legal or tax professional and does not provide legal or tax advice. It is BitIRA's understanding that Digital Currencies may be held in an individual retirement account, but if you have any questions regarding the legal rules applicable to individual retirement accounts, including which assets may be held in such an account, you should contact a legal or tax advisor. BitIRA makes no representation or warranty that purchasing Digital Currency for placement in an individual retirement account complies with government regulations or statutes or that current rules and statutes (or the interpretation of existing rules and statutes) will not change.

Important Investment Considerations:
In BitIRA's opinion, Digital Currencies are a highly speculative investment, and anyone considering purchasing Digital Currency should have the financial flexibility and resources, and the risk tolerance, to lose the entire investment. BitIRA does not offer any opinion as to which Digital Currency(ies) to purchase, in what amount, and for how long a customer should hold such Digital Currency. Nor does BitIRA offer any opinion as to what percentage, if any, of a customer's portfolio should be devoted to alternative and highly speculative investments like Digital Currency. Historical performance is no guarantee of future results. BitIRA does not guarantee or represent that anyone purchasing Digital Currency will make a profit.

BitIRA is not an investment specialist, tax specialist, financial planner (certified or otherwise), or retirement advisor, and BitIRA does not provide investment advice, tax advice, financial planning services, or retirement planning or retirement-specific advice. BitIRA facilitates the purchase of Digital Currency, nothing more, and charges a fee for the service it provides (based on the transaction value). No fiduciary relationship, broker dealer relationship, principal agent relationship or other special relationship exists between BitIRA and its customers.

Customers purchasing or liquidating Digital Currency make all investment decisions.

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