Wirex Becoming Crypto-Friendly Substitute for Traditional Banking with IBAN Introduction

Wirex

Wirex, a leading cryptocurrency, and traditional currency payment platform has added International Bank Account Numbers (IBANs) to Euro accounts for users in Spain and France in a trial before they are rolled out across the rest of Europe. In response to customer demands, the company has also announced it will be doubling deposit amounts, making them some of the highest deposit limits in the industry.

The announced changes follow an FCA eMoney license being granted to Wirex in August and indicate that – in an increasingly competitive space – the company’s remit is expanding as it ...

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