{"id":48994,"date":"2021-09-06T19:28:35","date_gmt":"2021-09-06T16:28:35","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=48994"},"modified":"2025-09-02T10:23:10","modified_gmt":"2025-09-02T07:23:10","slug":"btc-markets-to-add-financial-services-via-volt-neobank","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/btc-markets-to-add-financial-services-via-volt-neobank\/","title":{"rendered":"BTC Markets to add financial services via Volt neobank"},"content":{"rendered":"<p>Australia&#8217;s leading cryptocurrency exchange BTC Markets has announced the addition of integrated banking services to its platform, following a partnership with licensed neobank Volt.<\/p>\n<blockquote class=\\\"twitter-tweet\\\">\n<p lang=\\\"en\\\" dir=\\\"ltr\\\">We are excited to announce that we have partnered with neobank Volt in order to bring greater speed and stability to our customers. Read more below. <a href=\\\"https:\/\/t.co\/rnNp3r1anz\\\">https:\/\/t.co\/rnNp3r1anz<\/a> <a href=\\\"https:\/\/twitter.com\/voltbank?ref_src=twsrc%5Etfw\\\">@voltbank<\/a> <a href=\\\"https:\/\/twitter.com\/FinancialReview?ref_src=twsrc%5Etfw\\\">@FinancialReview<\/a> <a href=\\\"https:\/\/twitter.com\/hashtag\/crypto?src=hash&#038;ref_src=twsrc%5Etfw\\\">#crypto<\/a> <a href=\\\"https:\/\/twitter.com\/hashtag\/finance?src=hash&#038;ref_src=twsrc%5Etfw\\\">#finance<\/a> <a href=\\\"https:\/\/twitter.com\/hashtag\/fintech?src=hash&#038;ref_src=twsrc%5Etfw\\\">#fintech<\/a><\/p>\n<p>\u2014 BTC Markets (@BTCMarkets) <a href=\\\"https:\/\/twitter.com\/BTCMarkets\/status\/1434649692940369921?ref_src=twsrc%5Etfw\\\">September 5, 2021<\/a><\/p><\/blockquote>\n<p> <script async src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p>In the coming months, BTC Markets customers will be able to open Volt bank accounts &#8216;for enhanced security and real-time payments&#8217;.<\/p>\n<p>Thanks to this integration, the platform will prevent a repeat of the December 2020 <a href=\"https:\/\/u1f987.com\/en\/news\/australian-btc-markets-accidentally-exposed-users-personal-data\">incident<\/a>, when it mistakenly disclosed users&#8217; personal data.<\/p>\n<p>Deposits on Volt accounts are insured up to AUD 250,000 (~US$185,900).<\/p>\n<p>According to the press release, the partnership between the two companies is the first of its kind.<\/p>\n<blockquote class=\\\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\\\">\n<p><em>\u201cThe whole process took about three years. Our collaboration shows that regulated financial institutions in Australia can work with cryptocurrency service providers,\u201d<\/em> Bowler told CoinDesk. <a href=\\\"https:\/\/www.coindesk.com\/business\/2021\/09\/06\/australian-neobank-volt-inks-partnership-deal-with-crypto-exchange-btc-markets\/\\\">CoinDesk<\/a> CEO BTC Markets Caroline Bowler.<\/p>\n<\/blockquote>\n<p>Earlier, the Australian Securities and Investments Commission <a href=\"https:\/\/u1f987.com\/en\/news\/australian-regulator-warns-investors-against-dealing-with-unlicensed-firms\">recommended<\/a> not to work with unregistered companies.<\/p>\n<p>Earlier, the local <a href=\"https:\/\/u1f987.com\/en\/news\/in-australia-calls-for-a-safe-harbour-for-cryptocurrencies\">blockchain association urged authorities to coordinate their approach to establishing a regulatory framework for the cryptocurrency industry<\/a>.<\/p>\n<p>Follow ForkLog news on Telegram: <a href=\\\"https:\/\/t.me\/forklogfeed\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener\\\">ForkLog Feed<\/a> \u2014 full feed of news, <a href=\\\"https:\/\/telegram.me\/forklog\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener\\\">ForkLog<\/a> \u2014 the most important news, infographics and opinions<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Australia&#8217;s leading cryptocurrency exchange BTC Markets announced the addition of integrated banking services to its platform thanks to a partnership with licensed neobank Volt.<\/p>\n","protected":false},"author":1,"featured_media":48995,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[108,1229,36],"class_list":["post-48994","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-australia","tag-banks-and-fintech","tag-regulation"],"aioseo_notices":[],"amp_enabled":true,"views":"9","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/48994","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=48994"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/48994\/revisions"}],"predecessor-version":[{"id":48996,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/48994\/revisions\/48996"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/48995"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=48994"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=48994"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=48994"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}