Published on April 19th, 2017 | by bitcoin0
bitcoin exchange kraken introduces new fiat funding options
Digital currency exchange Kraken is adding support for wire transfers denominated in US dollars and other government-issued currencies.
In addition to USD support, Kraken is supporting wire transfer deposits and withdrawals in euros and British pounds.
It’s a notable service update given the timing and the state of the global bitcoin exchange space.
For example, Bitfinex, the world’s largest bitcoin exchange by USD volume, said yesterday that it is now unable to accept inbound wire transfers due to banking problems.
Further, China’s exchange ecosystem, under effective lockdown due to regulatory pressures, has yet to reactivate bitcoin and litecoin withdrawals amidst ongoing discussion with the People’s Bank of China, the country’s central bank.