SafePal Telegram Wallet Launches with Swiss Bank Accounts and CeDeFi

Key Points:

• SafePal Telegram Wallet provides compliant Swiss bank accounts with CeDeFi features, supporting crypto transactions through a digital Visa card.
• SafePal Telegram Wallet integration enhances access to crypto banking with Swiss compliance, allowing seamless crypto and fiat transactions.

SafePal Telegram Wallet allows 950 million users to create compliant crypto-friendly Swiss bank accounts, integrating CeDeFi and supporting Visa card transactions.

SafePal Telegram Wallet Launches with Swiss Bank Account Features

SafePal has released a Telegram Mini App that users can use to create compliant, crypto-friendly Swiss bank accounts. This puts the creation of FINMA-compliant Swiss bank accounts in the hands of 950 million Telegram users. The SafePal Telegram Wallet will be integrated with CeDeFi, enabling users to access compliant banking services within one of the most used social platforms.

Besides that, the wallet allows for transactions through a digital Visa card, making crypto transactions even more convenient. This new tool was designed to facilitate access to digital finance in the easiest way: its user-friendly features will be combined with serious compliance standards. SafePal’s cooperation with Fiat24 further guarantees customers the creation of accounts without any additional management fees for accessibility and transparency, according to Cointelegraph.

Read more: SafePal Wallet Review: Safe Cryptocurrency Management Solution

SafePal Telegram Wallet Integrates CeDeFi and Visa Card Transactions

The SafePal Telegram Wallet introduces CeDeFi functions that enable users to make crypto transactions via a digital Visa card directly in Telegram. This latest integration will grant users a means of managing crypto assets with seamless convenience and in full compliance with Swiss banking regulations. In this way, it will be the first Mini App on Telegram supporting crypto and fiat transactions both in a fully regulated environment.

The wallet app, through a partnership with Swiss fintech company Fiat24, managed compliance processes such as KYC and registrations. SafePal also announced plans for a further rollout: reaching a digital Mastercard that was expected to operate at the end of 2024, when it would serve a wide audience in both Europe and the Asia-Pacific regions. This move underlined SafePal’s serious commitment to merging regulatory standards with high-end digital finance.