Kenyan Banks Warn Customers About Buying Crypto: Report
NCBA Bank Kenya sent a cautionary email to customers who have transacted in crypto in the past.
The move caused prices for many altcoins to plummet by 50% or more, causing considerable losses among retail investors.
Customers of Johannesburg-based bank Absa received an error message when attempting to buy crypto on Binance.
The bank said it is looking to tap into the digital asset market as institutional and customer interest grows.
Signet is a real-time payments platform built on the Ethereum blockchain.
IBBIC's new system will verify data for invoices on goods and services tax, eliminate paperwork and significantly reduce transaction times.