South Africa’s Absa Becomes First Bank on the Continent to Custody Bitcoin: Report

Bitcoin Magazine South Africa’s Absa Becomes First Bank on the Continent to Custody Bitcoin: Report South African bank Absa has become the first African lender to custody bitcoin, according to reports.  As reported first by Bloomberg on Friday, the Johannesburg-based lender will serve institutional clients, mostly by custodying bitcoin — but other digital assets will also be a part of the service.  Banks worldwide are integrating or offering bitcoin-related products […] This post South Africa’s Absa Becomes First Bank on the Continent to Custody Bitcoin: Report first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.