Amber Group has reaffirmed its commitment to ensuring uninterrupted on/off ramp services for its clients amidst the challenges posed by the US banking crisis and increased regulations.
In a recent press release, digital wealth management and crypto liquidity solutions provider highlighted that the closure of prominent banks known for their crypto-friendly services, such as Signature Bank and Silicon Valley, has heightened the difficulties faced by investors in accessing digital assets with reliability and affordability.
The company noted that its uninterrupted on/off ramps present a seamless solution to this problem as it effectively serves as a bridge for investors between the traditional financial realm and the dynamic digital asset landscape, which is rapidly evolving.
The company added that it stands out in the global market because it operates from a position of strength as it continues to offer secure and dependable access to digital assets through its robust and established fiat on/off ramp services.
Annabelle Huang, Managing Partner at Amber Group, highlighted the importance Amber Group places on crypto-fiat solutions in driving forward the digital asset industry, especially in the face of current difficulties. Huang emphasized their pride in consistently providing effortless on/off ramp services to their clients, even amidst the ongoing challenges in the crypto market.
Huang stated:
“With this continuity, we aim to offer an even more secure and reliable gateway to digital assets, facilitating ease of access to this rapidly evolving asset class.”
Amber Group’s fiat on/off ramp solution facilitates seamless conversion between USD fiat and digital assets and offers competitive exchange rates, and ensures minimal transaction fees for users.
In April 2023, Amber Group partnered with Thoughtworks, a leading technology consulting company, to develop cutting-edge tools and technologies that foster trust and transparency in the Web3 sector. The collaboration will primarily revolve around creating innovative security solutions that harness the power of artificial intelligence to boost transparency and trust in Web3.
Both companies will also work together to design products and services that comply with legal and regulatory frameworks related to privacy and data protection.
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