Overview of BitoPro’s Partnership Agreement with Far Eastern International Bank Bankee
BitoPro’s parent company BitoGroup has collaborated with Far Eastern International Bank Bankee to introduce a “crypto-friendly bank account” aimed at facilitating fiat transactions for customers of the Taiwanese crypto exchange.
Strategic Expansion Plans for BitoPro in Taiwan
BitoGroup CEO Titan Cheng has outlined ambitious goals for BitoPro, including a 25% increase in average daily transaction amounts per user. The company is optimistic about achieving significant growth once the service becomes widely available to all Taiwanese customers. Furthermore, BitoPro has partnered with Neweb Technologies to launch BitoPay, a payment service enabling approximately 300,000 merchants in Taiwan to accept crypto payments.
International Crypto Firms Enhancing Infrastructure in Taiwan
The collaboration between Tether and XREX, along with Tether’s initiative with the National Taipei University of Technology, signifies a broader trend of international crypto firms investing in educational efforts and infrastructure development in Taiwan. These partnerships aim to expand the use cases for cryptocurrencies and enhance blockchain and digital asset education in the region.
