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Portugal’s Major Bank Blocks Fiat Payments To Crypto Platforms 99Bitcoins 08 Jan 2025

Portugal’s Major Bank Blocks Fiat Payments To Crypto Platforms ⛔

Portugal's Banco de Investimentos Globais (BiG) has recently decided to restrict fiat currency transfers to cryptocurrency platforms. This bold move has caught the attention of the crypto community, sparking conversations about the impact on crypto trading and investment in Portugal. Many users are now wondering how this will affect their daily transactions and investment strategies.

This decision comes amid growing global discussions about the regulation of cryptocurrency transactions and the banking sector's role in such activities. With BiG's move, the focus shifts to how this will influence other banks' policies and customer choices in Portugal.

Source: 99bitcoins.com ↗