IT World Canada

People who collect cryptocurrencies typically do so to move away from traditional banking systems, but Versabank is welcoming them with open arms.

“We’re a very unusual bank,” David Taylor, Versabank’s president and CEO told ITWorldCanada.com, acknowledging the hesitation owners of cryptocurrency have towards storing their digital currency in a bank. But the London-based Versabank – a Canadian, branchless chartered bank – lives in the digital world, and its upcoming service, a safety-deposit box system called VersaVault, is completely digital as well.