Grow Bank

According to reports, Grow Bank, a new financial technology company based in Zurich, plans to integrate cryptocurrency and legal tender transactions into its services. The bank stated that its platform supports 64 legal tender currencies and 20 cryptocurrencies, allowing users to trade legal tender currencies with cryptocurrencies. Users can use Grow’s application to open personal or corporate deposit accounts, obtain debit cards, and exchange currencies in legal or cryptocurrency. It charges an annual fee of 145 euros for personal and corporate cards and a monthly fee of 12 euros for personal and corporate accounts. Grow said he holds an electronic currency license and a traditional banking license, and “its users are protected by Swiss law.”. Grow Bank, a financial technology company, plans to integrate encrypted transactions into its services Analysis based on this information:Grow Bank, a new financial technology company based in Zurich, announced it plans to integrate cryptocurrency and legal tender transactions into its services. Its platform offers support…