A European Bitcoin exchange says that it has secured a license to operate as a payments service provider (PSP), bringing the crypto-currency into the formal economy.
In a post on the Bitcoin Forum, Bitcoin-Central says it has partnered with Credit Mutuel and payments outfit Aqoba to secure the PSP status from French authorities.
Funds will be held at Credit Mutuel under the user's name, with an account that will - in a "few months" - get its own Iban, meaning it can be used like any other bank account, with salaries and pensions paid in to it and converted into Bitcoins.
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