Tagged: fnb

November 29, 2019 @ 12:37 pm By Cali Haan  |  

As of March 2020, “Top Four” South African Bank FNB will no longer provide business banking to, “(cryptocurrency) trading platforms and intermediaries that trade in digital money,” City Press reports. Affected entities include crypto exchanges Luno, VALR, ICE3X and their intermediaries. “Our decision was made after… Read More

November 20, 2019 @ 8:25 am By JD Alois  |  

FirstRand Bank (FRB) in South Africa is shuttering accounts affiliated with cryptocurrency exchanges, according to a report in MyBroadband. Quoting a letter seen by the publication, the justification is due to associated risk regarding these exchanges: FirstRand Bank has been considering its risk appetite in… Read More