Absa Becomes First African Bank to Offer Digital-Asset Custody

The post Absa Becomes First African Bank to Offer Digital-Asset Custody appeared first on Coinpedia Fintech News

South Africa’s Absa Group has launched digital-asset custody services for institutional clients after receiving regulatory approval. The service supports Bitcoin, XRP Ledger, Ethereum and USDC, with plans to add more assets. Absa will provide safekeeping, administration and transfer services to asset managers, non-bank financial institutions and corporates. The bank plans to expand the service to …