Bow Valley Credit Union in Canada has partnered with Balance and Bull Bitcoin to introduce a 'Bitcoin Gateway' for its members.
The Bitcoin Gateway allows members to buy Bitcoin directly from their BVCU accounts via their app, making it easier to purchase bitcoin with Canadian dollars.
Unlike other platforms, the Bitcoin purchased through this service is fully owned by the user, securely stored, insured, and never leveraged.
The initiative by BVCU signifies a move towards mainstream adoption of Bitcoin in the financial sector, with potential for wider adoption across Canadian credit unions in the future.