Regardless of how you want to look at things, the financial sector is doing everything in its power to run itself into the ground. In the United Kingdom a new scandal has been revealed, where the largest work pension schemes prevent savers from accessing funds, and cash transfers are delayed by over three months. Something will have to change sooner or later.
Many Bitcoin enthusiasts around the world will have heard of FIDOR Bank by now, one of Europe’s leading banks as far as digital currency is concerned. In fact, FIDOR Bank recently partnered with Bitcoin.de – a leading European Bitcoin exchange – to offer instantaneous buying and selling of bitcoins. But FIDOR Bank’s expansion to the United Kingdom is not going as smoothly as they would like.
The UK Payment System Infrastructure – Nearly Impossible to Tackle
In order for FIDOR Bank to expand to the United Kingdom, they will need to gain access to the current UK payment system infrastructure. Unfortunately for Bitcoin enthusiasts, the UK is not keen on anything that has to do with Bitcoin or other digital currencies, and it looks like that stance will not be changing anytime soon.