wallet constitutes something of a compromise; users will not hold their private keys, while the bank says it will provide insurance guarantees for up to 6,000 worth of funds. 500 Clients Trial Bitcoin Storage, in what appears to be a marked change of stance on the sector, officials confirmed a trial was underway with 500 account holders on social media January. According to marketing literature uploaded to Twitter, ABN amro aims to offer Bitcoin storage in the same online banking environment customers use for their day-to-day activities through a product called Wallie.
De Nederlandsche Bank (DNB) and the Netherlands Authority for the Financial Markets (AFM) have regularly published press releases over the past period in which they warn investors and consumers of the risks of cryptocurrencies. However, his steadfast conduct marked the dawn of a new society, one where every citizen was aware of what their government was capable of doing. In a statement from his now inactive account, he said, Source: With more information about Bitcoin and what it stood for, it became clear as to what both Assange and Bitcoin were: the Resistance. Individuals who would like to keep their digital currency holdings separate from fiat will continue to use standalone Bitcoin wallet applications.
Long before he even thought of Wikileaks, the Australian man played a crucial role in bringing forth decentralization. According to ABN amros announcement, the banking major has plans of offering Bitcoin wallets within its secure environment. His reportage of war crimes in Iraq opened the US to universal criticism, something that had never happened previously in such magnitude. Therefore, it is no wonder that many cryptocurrency enthusiasts have come out in support of Assange, following his arrest. Roger Ver tweeted, Source: Twitter, even John McAfee showcased his support for the whistle-blower in a reply to Vers tweet, Source: Twitter, cobra, Co-founder of Bitcoin. It was a well-calculated and researched move because unknown to many, he was already part of a movement aiming to bring financial freedom to the masses, the Cypherpunk movement.
Let us know in the comments below! The initiative doesnt come as a surprise as the banks Innovation Centre is known to be working on Bitcoin and blockchain related technologies. ABN amro Bank customers may soon have access to a Bitcoin wallet provided by their banking service provider.