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Flushing Bank To Offer Bitcoin Services To Clients Via NYDIG

Mary Liu

Summary: Flushing Bank announced on Tuesday that its parent company Flushing Financial has signed an agreement with bitcoin company NYDIG to provide Bitcoin services to customers. The service is expected to launch in the first quarter of 2022.  Flushing Bank is an FDIC-insured New York State-chartered commercial bank with banking offices in Queens, Brooklyn, Manhattan, and ...

Flushing Bank announced on Tuesday that its parent company Flushing Financial has signed an agreement with bitcoin company NYDIG to provide Bitcoin services to customers. The service is expected to launch in the first quarter of 2022. 

Flushing Bank is an FDIC-insured New York State-chartered commercial bank with banking offices in Queens, Brooklyn, Manhattan, and Long Island. 

John R. Buran, president of the bank, said, "As part of our ongoing digital transformation, we recognize the importance of staying current with emerging market trends and consumer demand for alternate financial services. Using NYDIG's innovative technology to provide seamless access through our relationship with Q2, our online banking provider, we will be able to offer our customers the ability to buy, sell, and hold Bitcoin. This partnership provides our customers with a fully integrated solution to conduct bitcoin transactions in a safe and secure environment."

By Mary Liu

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