South African Bank to Shut Down Accounts Related to Crypto – November 21

📈 30 Second Cryptocurrency Price Summary

Current Bitcoin Price$7,938

Bitcoin has fallen another 2% over the last day of trading, plummeting below the $8,000 mark.

Top-20 altcoins are also bleeding, with XRP down 2% and Ethereum down 1%. Cardano and Litecoin are the day’s biggest losers, down 5% and 4%, respectively.

Top Stories for November 21, 2019 🔥

👉 South African Bank to Shut Down Accounts Related to Crypto

FirstRand, a major South African bank, has sent letters to cryptocurrency exchanges and related businesses, to inform them that their accounts will be terminated.

The move appears to be the beginning of a “de-risking” procedure, which specifically targets cryptocurrency trading.

👉 French Cybercrime Division Using Tezos Smart Contracts

A press release has shown that The French Armies and Gendarmerie’s Information and Public Relations Center has used the Tezos blockchain for validating investigation expenses.

The system was used to buy cryptocurrency from Europol-allocated funds to cover operational costs, and is claimed to be the first smart contract developed by a public authority.

👉 Poloniex Exchange is Closing US Accounts

Poloniex has sent out an email, warning that it will be shutting down accounts for US-based traders.

Traders based in the US have until December 16th to withdraw assets held in their Poloniex accounts.

Leave a Reply

avatar