Portugal’s Major Bank Blocks Fiat Transfers to Crypto Platforms Amid Growing Regulatory Concerns
Portugal’s Banco de Investimentos Globais (BiG) has suspended fiat transfers to cryptocurrency platforms, citing compliance with European Central Bank (ECB) guidance on risks associated with virtual assets. The decision was brought to attention after an email to customers, warning about the bank’s new policy. This move follows increasing regulatory scrutiny of crypto markets in Europe, … Read more