Panama’s “bitcoin (BTC) and crypto-friendly” bank Towerbank says it will bar its customers from making use of crypto mixers – in the wake of the United States Office of Foreign Assets Control (OFAC)’s move to sanction Tornado Cash earlier this month.
Towerbank, a top 30 bank in Panama, just announced bitcoin friendly services at an event hosted by the Chamber of Digital Commerce and Blockchain of Panama.
The Towerbank in Panama, which is officially trending as the bitcoin bank has a lot to offer to the bitcoiners with less complexities. Gabriel Campa said that, Towerbank only needs necessary steps to be carried out and a few documents from the investors of bitcoin to open the accounts in the bank. Through the bank, the bitcoiners and other crypto investors will be able to switch fiat currencies and other service providers without any hitch.