Some Portuguese Banks Close Accounts of Cryptocurrency Exchanges

Some local Portuguese banks have started closing the accounts of cryptocurrency exchanges due to concerns about risk management.

According to the news of BNNBloomberg dated 3 August, one of Portugal’s leading banks; BCP (Banco Comercial Portugues), Santander Bank, Caixa Geral de Depósitos, BiG and Abancaas many Cryptocurrency exchange accounts closed.

In the news, some of the crypto money exchanges whose accounts were closed, Criptoloja, Mind The Coin and Luso Digital Assets was said to be.

It is stated that all cryptocurrency exchanges in Portugal are licensed by the country’s regulators. Mário Centeno, President of the Portuguese Central Bank, who made statements on the subject, said that he did not see any harm in taking the decisions they wanted, and that they were free in this regard. will follow more closely told.

About a month ago, Portugal’s central bank, the competent authority for virtual asset service providers (VASP), told Bison Bank in the country. to become the first crypto bank granted a license.

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