Another Swiss bank offers Bitcoin custody

posted 11 months ago
Arab Bank Switzerland, of banking giant Arab Bank, now offers trading and custody services of Bitcoin. The CEO said Arab Bank Switzerland’s high net-worth clients, including business leaders and family entrepreneurs, now have access to digital assets through a “secure and regulated environment.”

TAURUS-PROTECT is used for the cold storage custody service with the bank’s infrastructure. Taurus said the solution uses the Federal Information Processing Standard (FIPS) 140-2, level 3 certified hardware security modules (HSMs), “some of the most secure hardware in the world.”
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