{"id":9331,"date":"2021-09-06T12:46:53","date_gmt":"2021-09-06T11:46:53","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=9331"},"modified":"2021-09-06T12:47:02","modified_gmt":"2021-09-06T11:47:02","slug":"crypto-exchange-btc-markets-partners-with-neo-bank-volt","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/crypto-exchange-btc-markets-partners-with-neo-bank-volt\/","title":{"rendered":"Crypto exchange BTC Markets partners with neo-bank Volt"},"content":{"rendered":"\n
In a new Fintech and cryptocurrency partnership<\/a>, BTC Markets have partnered with neo-bank Volt. The partnership seeks to allow BTC Markets users to open Volt bank accounts without leaving the exchange.<\/h5>\n\n\n\n
\"Crypto<\/figure>\n\n\n\n

Australian crypto exchange BTC Markets partners with local neo-bank Volt, fintech's banking capabilities\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a> have met cryptocurrency through this partnership.<\/p>\n\n\n\n

Volt will provide corporate cash management accounts for BTC Markets users to manage their Australian dollar funds. Volt has been licensed to operate as an approved deposit-taking institution in Australia since 2019.<\/p>\n\n\n\n

These accounts enable real-time payments on Australia's national fast-payments infrastructure, the New Payments Platform.<\/p>\n\n\n\n

\u201cFor our crypto clients, this means near-instant trading opportunities, as they can quickly fund AUD into their BTC Markets account,\u201d BTC Markets CEO Caroline Bowler , adding that in the future, the partnership will allow BTC Markets users to open Volt bank accounts without leaving the exchange<\/a>:<\/p>\n\n\n\n

\u201cIt gives stability to our clients and builds out a key piece of market infrastructure which is vital to our industry development. [\u2026] It also goes to show that innovation is alive and well within Australian financial services.\u201d<\/p><\/blockquote>\n\n\n\n

Bowler, speaking about Australia's regulatory strategy, emphasized the importance of proportionate regulation that protects investors without impeding innovation.<\/p>\n\n\n\n

\u201cI believe our collaboration with a regulated organization<\/a> in Australia demonstrates that it is possible,\u201d she continued.<\/p>\n\n\n\n

\u201cThe sum of all deposits in Volt accounts are covered by the protection of up to a maximum of A$250,000 (US$185,900) per account holder under the Financial Claims Scheme,\u201d Volt co-founder Steve Weston noted, highlighting crypto users' dissatisfaction with \u201cthe games being played by banks.\u201d<\/p>\n\n\n\n

Despite the increasing use of crypto, according to a recent survey, 17 percent of Australians possess crypto, regulators' warnings on crypto exchanges have led to a cautious attitude by traditional banks.<\/p>\n","protected":false},"excerpt":{"rendered":"

In a new Fintech and cryptocurrency partnership, BTC Markets have partnered with neo-bank Volt. The partnership seeks to allow BTC Markets users to open Volt bank accounts without leaving the exchange. Australian crypto exchange BTC Markets partners with local neo-bank Volt, fintech’s banking capabilities have met cryptocurrency through this partnership. Volt will provide corporate cash […]<\/p>\n","protected":false},"author":12,"featured_media":9333,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[32],"tags":[4255,132,4256],"class_list":["post-9331","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-exchange-news","tag-btc-markets","tag-crypto","tag-volt"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/09\/Crypto-exchange-BTC-Markets-partners-with-neo-bank-Volt.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/9331","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=9331"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/9331\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/9333"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=9331"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=9331"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=9331"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}