The post Portugal’s Bank Blocks Crypto Transfers Amid EU Regulations appeared first on Coinpedia Fintech News
Portugal’s largest bank Banco de Investimentos Globais (BiG) has recently taken the step of blocking fiat transfers to cryptocurrency platforms, citing compliance with new European Union regulations. This marks a significant shift for Portugal, once regarded as a haven for crypto enthusiasts. The decision aligns with growing regulatory pressure from European authorities like the European …