Litecoin founder Charlie Lee announced at the recent Litecoin Summit in Nashville that Litecoin is expanding into banking services.
🚨 Charlie Lee announced that Litecoin is expanding into banking services.
At the recent Litecoin Summit in Nashville, banking giant BBVA announced the integration of Litecoin into its apps.
This option to purchase Litecoin through BBVA is currently limited to Türkiye.
forward! pic.twitter.com/KtNdaSlC6n
— Al⚡️ (@lite_hause) August 8, 2024
The highlight of this expansion is the integration of Litecoin into BBVA’s banking app, Banco Bilbao Vizcaya Argentaria, allowing users to purchase Litecoin directly through the app. However, this new feature is currently only available to users in Türkiye.
For Litecoin, this integration is a major step towards increasing accessibility and acceptance through partnerships with leading financial institutions. The move is part of a broader strategy to bridge the gap between traditional banking and the world of cryptocurrencies, giving users easier access to digital currencies like Litecoin.
Also read: Litecoin founder bullish on SEC approval of Litecoin ETF
