Tag: Fidor Bank

Fidor Bank Lawyer Joins Kraken Legal Team

San Francisco-based digital currency exchange Kraken has brought in Edward Stadum as general counsel. Stadum, who previous worked with Kraken’s Munich-based banking partner Fidor Bank, will be in charge of Kraken’s legal matters in the US and abroad. Bitcoin-friendly Fidor Bank was one of the first European financial institutions to open its doors to digital currency and blockchain-based startups. In 2015, Fidor partnered with German cryptocurrency exchagne Bitcoin.de, and began …
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Avoiding Bank Account Suspension Due To Bitcoin Transactions

Various banks around the world take drastic action when they find out customers have been using their account to buy or sell Bitcoin. In most cases, bank accounts will be closed without notice or second thought, leaving customers hanging out to dry. When this scenario happens, there is very little a consumer can do,  other than finding a more Bitcoin-friendly bank. Also read: Bitcoin Offers A Chance For Increased Purchasing …
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