Bitcoin Latinum Continues Progress With Bank Deal

Bitcoin Latinum has announced another partnership that will further enhance its reputation as the “next-generation” of cryptocurrency.

The developers behind the crypto have announced a deal with Vast Bank. In a statement detailing the partnership, they discussed the collective aims of “collaboration, deal flow, and integration” with LTNM becoming a custodial currency.

The cryptocurrency, which is also known for being both asset-backed and insured, is teaming up with Vast Bank, who earlier this year became the first nationally chartered bank in the USA to allow customers to buy and sell crypto, alongside their traditional checking account.

Unsurprisingly, both parties shared their enthusiasm for the deal. Brad Scrivner, CEO of Vast Bank, said: “When our customers asked us why they could not securely buy… cryptocurrencies using their bank accounts, we were driven to develop an end-to-end solution.”

Meanwhile, Monsoon Blockchain Corporation (who are developers of LTNM) CEO, Dr. Donald Basile, also discussed the development. He added: “We are very excited to announce our latest groundbreaking partnership with the industry leading Vast Bank. Their efforts to bring the promise of blockchain technologies to the banking system will allow consumers access to a greener, faster, and more secure version of Bitcoin.”

This announcement comes just weeks after Monsoon Blockchain Corporation revealed that LTNM will be listed on 10 top-tier public exchanges by the end of 2021. 

Jenny has been reporting on small business issues since 2001 where she held a number of freelance positions across the leading SME publications in the UK. Specialist subjects included SME financing and tax.

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