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Stephan Livera: Banks block crypto exchange transfers and Bringin launches business accounts in EU

Stephan Livera: Banks block crypto exchange transfers and Bringin launches business accounts in EU
EU banks and Bringin crypto accounts

Banks in the European Union are blocking crypto exchange transfers, according to Prashanth Chandrashekar of Bringin. Chandrashekar also discussed how named IBANs can address some of these banking issues and described the custody trade-offs involved in Bringin's new business accounts.

Stephan Livera, Head of Education and Podcast Host at Swan Bitcoin, highlighted these points in a recent update.

Stephan Livera has previously outlined how blockchain technology handled $5.75 trillion in settlement volume in a single quarter, processing around $62 billion daily with international reach, in a prior article. He has also shared an explanation from asjwebley of SmarterWebUK on the unique capabilities of treasury companies compared to ETFs in another recent piece. These earlier observations add context to ongoing discussions about banking access and crypto transfer restrictions in Europe.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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