UK’s BCB Group Launches a Dedicated Treasury for Cryptocurrencies

UK based crypto firm BCB Group has launched BCB Treasury, a dedicated service for bitcoin, according to Cointelegraph. The service aims to help corporations willing to invest into bitcoin and other digital assets.

Using BCB Treasury, executives can enter, hold, manage, and report on a bitcoin-focused treasury strategy.

The launch of BCB Treasury comes in response to growing demand triggered by the recent bitcoin investments by companies like MicroStrategy and Tesla. Last year, BCB Group’s core business BCB Payments received regulatory approval from the U.K’s Financial Conduct Authority. BCB is currently a major European crypto payment services provider, serving the world’s largest crypto companies such as Coinbase, Bitstamp, Galaxy Digital, Gemini, and Kraken.

Leave a Reply

Your email address will not be published.

Related Posts