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One of the Biggest Crypto Exchanges Is Heading to the Caribbean

  • Noble Bank said to provide account for cryptocurrency exchange
  • Internal transfers allow trading on markets that lack banking
Inside The Crypto Investor Show
Photographer: Mary Turner/Bloomberg
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Due diligence in the sometimes shadowy universe of digital money often means trying to unscrew the inscrutable.

Bitfinex, one of the largest virtual-currency markets, has been a particular mystery in the crypto world. It was dumped early last year by Wells Fargo & Co. and since then it’s been a secret how the exchange could transfer fiat money, still the lifeblood of global finance, without a bank.