Call 800 665 0411 to learn about our services for your stock

Search   Follow Investorideas on Twitter   Investorideas is on Facebook   Investorideas is on Youtube   Investorideas is on Pinterest  Investorideas is on stocktwits   Investorideas is on tumblr   Investorideas is on LinkedIn   Investorideas Instagram   Investorideas Telegram   Investorideas Gettr   Investorideas RSS

Share on StockTwits

Goldman Lampe Becomes First Bank In The World To Offer Crypto Term Deposits

Currently, the bank offers term deposits only in Monero but has hinted that it is working on plans to expand into other cryptocurrencies in the near future


Ras al Khaimah, United Arab Emirates - December 15, 2021 (Newsfile Corp.) ( Newswire) Goldman Lampe Private Bank has set the record of being the first bank in the world to offer crypto term deposits. United Arab Emirates headquartered bank, in making the announcement, described the move as being in line with its core mission of offering the most innovative on the private banking market.

"The purpose of creating the Goldman Lampe bank was to provide customers with the best service on the private banking market, with a guarantee of complete secrecy. In a short time, thanks to innovative and exceptionally personalised services, we have become a leading bank that serves the most demanding customers." - said Adam Jonas Smith, Head of Public Relations.

While cryptocurrencies were initially met with resentment by most banks and other corporate financial institutions, they, however, rose through the negative sentiments by establishing themselves as a reliable investment instrument.

The new offer by Goldman Lampe bank, which is the first of its kind, will allow people to make term deposits in Monero and receive lucratively returns on their investment at the expiration of the agreement. For standardisation purposes, the private bank has structured its crypto term deposit service into three distinct tiers with both 6 months and 12 months plans with minimum deposit of 50.000 euro.

Described as one of the most significant financial institutions in the offshore private banking sector, Goldman Lampe bank is an expert in offering the best solutions for personal banking, business accounts, and wealth management for the stupendously rich and these who appreciate almost anonymous banking. The bank has also recently purchased 150 million Euro worth of Monero, specifically to guarantee the protection of clients' transactions. One of the most popular features of Monero is the digital currency's high degree of anonymity. Among its several privacy-enhancing features, is the fact that transactions with Monero are completely unlikable and untraceable. Those individuals who value privacy and would like to take receipt of goods or services anonymously will appreciate the advantages of Monero.

For more information, please contact:

Goldman Lampe
Adam Jonah Smith, Head of Public Relations
UAE, Ras al Khaimah

More Info: Newswire

This news is published on the Newswire - a global digital news source for investors and business leaders

Disclaimer/Disclosure: is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions.

More disclaimer info: Learn more about publishing your news release and our other news services on the newswire

Global investors must adhere to regulations of each country. Please read privacy policy:

That's all it takes to get an article published on Investor Ideas - Learn More

News and Research for Bitcoin, Blockchain, Digital Currency Stocks and ICO's

Get more Bitcoin, Blockchain, Digital Currency stock investor ideas - news, articles, podcasts and stock directories

Buy a crypto guest post on