South Africa’s Absa Becomes First Bank on the Continent to Custody Bitcoin: Report
regulatory
Absa, one of South Africa’s largest banks, has reportedly begun providing Bitcoin custody, making it the first bank on the African continent to do so. The move signals growing institutional engagement with Bitcoin in Africa and could help make regulated access to the asset more accessible to local clients. The report does not specify the service’s launch timeline, scope, or eligible customers.
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