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Cryptocurrencies

Gatecoin launches, plans segregated bank accounts

Monday 2 February 2015 | 08:59 AM CET

Hong Kong-based exchange Gatecoin has launched, planning to enable segregated bank accounts for customers in 40 countries across 5 continents.

This means customer funds are kept in separate bank accounts to the company’s own funds, and thus can have funds returned in the case of a financial event that depletes company reserves.

Gatecoin is a licensed money services operator in Hong Kong. It offers Bitcoin trading in USD, EUR and HKD through its low-latency matching engine, and plans to implement Ripple in the next few weeks.

More: Link
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