Legit Reviews delivers word that Bitcoin-Central is the first Bitcoin exchange to operate as a real bank, after heaving received official approval from French authorities. In cooperation with Aqoba and Credit Mutuel, the exchange is allowed to operate as a bank, without the debt-money issuing part.
Bitcointalk has reported that Bitcoin exchange, Bitcoin-Central, is to be the first exchange to operate as a real bank, after having received official approval from French regulators. Run by Paymium, Bitcoin-Central partnered with two French companies, payment processor Aqoba and bank Credit Mutuel to create a Bitcoin-based payment service. To achieve this however, Bitcoin-Central had to first agree to come under just the sort of government regulation that Bitcoin was created to avoid. This should help to clean up Bitcoin's image and might well lead to an alternative viable currency. Being all-digital, might it perhaps also become the de facto worldwide currency, in time replacing all others?
"We're therefore extremely proud and happy to announce that Bitcoin-Central.net will be raising the bar for all the other exchanges, at least the ones operating in Europe.