22 Hrs
Source:
المشهد العربي
Apsa enters digital asset custody
The Absa banking group intends to become the first financial institution in Africa to offer digital asset custody services. It provides an integrated platform for managing digital assets, including secure storage and transfer. The service targets institutions within South Africa. It supports cryptocurrencies such as Bitcoin, Ethereum, USDC, and the "XRP Ledger" token, with plans to expand to other digital assets in the future. This move comes after obtaining the necessary regulatory approvals. The digital assets market in Africa is estimated to be worth approximately $1.5 billion.
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