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First Bitcoin Exchange to Become a Legitimate Banking Institution in France

12/10/2012

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Bitcoin Central has received approval from the French banking firms Aqoba and Credit Mutuel to allow it to function as the first Bitcoin centered banking institution. This essentially allows Bitcoin Central all the rights and privileges as a standard banking institution. 

This presents a major milestone for Bitcoin as a legitimate currency and provides national protection from the French government regarding money held at the exchange.

Source Link - BBC News


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