Migom Global Corp. (MGOM)

[MegaDeath]

Migom Global Corp. Celebrates 1st birthday of BTC Bank Account at Migom Bank®

Press Release | 03/10/2021

Migom Global Corp. (OTC: MGOM), announces its move to scale client onboarding at Migom Bank® after celebrating the anniversary of its world's first, fully functional BTC Bank Account.

There remains a substantial gap in regulated service provision within the
cryptocurrency market, particularly amongst exchanges and e-money service
providers. Our significant investment in technology and regulatory framework places us to benefit from a market with estimates of annual growth ranging from 45.4% to 75.4% to 2027 Stated Thomas Schtti, the president of Migom Global Corp.

He continues We can onboard customers into the cryptocurrency journey without the need for a fiat ramp, exchange and additional custodial wallet. With a single source of compliance, backed by bank-grade security and rigid, yet efficient regulatory framework, we are setting new standards in digital asset issuance, trading and custody. In simple terms, every client who qualifies for an account at Migom Bank® can immediately and safely operate in major fiat currencies as well as the three top cryptocurrencies inside one account. Customers can make these transactions on one screen with the operational backbone and custody provided by our partner financial institutions in Switzerland and the USA. We treat cryptocurrencies just the same as money and have simplified their usage to how its supposed to work globally, without sacrificing any compliance procedures or regulatory requirements.

Migom bank sees further upside to the adoption of blockchain-based assets as the US dollar strengthens, driving emerging markets into cryptocurrencies, which are less vulnerable to dollar denominated control than traditional commodities. To further its market penetration Migom Bank plans to add several mainstream cryptocurrencies as well as work on origination of new blockchain-based stable assets in due course.

https://www.otcmarkets.com/stock/MGOM/news/Migom-Global-Corp-Celebrates-1st-birthday-of-BTC-Bank-Account-at-Migom-Bank?id=293216