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Portuguese Bank Santander Totta Backs Down, Allows Bitcoin-Related Transactions


The post Portuguese Bank Santander Totta Backs Down, Allows Bitcoin-Related Transactions appeared first on CCN Earlier this week, CCN reported that Portuguese branch of Spanish bank Santander, Banco Santander Totta, was blocking bitcoin-related transactions. The financial institution was blocking the transactions while claiming cryptocurrency exchanges were transacting in non-regulated financial products. Following a backlash, the […]

The post Portuguese Bank Santander Totta Backs Down, Allows Bitcoin-Related Transactions appeared first on CCN
Earlier this week, CCN reported that Portuguese branch of Spanish bank Santander, Banco Santander Totta, was blocking bitcoin-related transactions. The financial institution was blocking the transactions while claiming cryptocurrency exchanges were transacting in non-regulated financial products. Following a backlash, the bank has seemingly backed down, and is now processing these transactions. Santander Totta was blocking
The post Portuguese Bank Santander Totta Backs Down, Allows Bitcoin-Related Transactions appeared first on CCN

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