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Absa becomes Africa’s first bank to offer crypto custody, targets $1.5 billion market

Absa Group Ltd. has become the first bank in Africa to offer institutional digital-asset custody services as it moves to tap South Africa’s crypto market, where assets held by the three largest licensed service providers were valued at about $1.5 billion at the end of 2024. The post Absa becomes Africa’s first bank to offer crypto custody, targets $1.5 billion market appeared first on…

We haven't written up this one. Nairametrics has the full story — the link below goes straight to it.

Also reported by 2 other outlets

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