Published on August 1st, 2018 | by bitcoin0
Cryptocurrency Means Big Profits for Swissquote!
Swiss online banking group, Swissquote, has benefited greatly from the addition of cryptocurrency investing to the set of services it offers, reporting a significant increase in its H1 2018 profits.
The profit margin exceeds the predictions of financial experts by about 2.5 million CHF (~$2.52 million).
They expected a profit of 23.2 million Swiss francs.
Swissquote also said it expects both income and profit for the whole year to increase by about 15 percent.
Authorities in Switzerland are now considering ways to grant crypto businesses access to banking services in the country.