South African StandardBank Sends Withdrawal Notice to Crypto Arbitrage Traders

2021-10-23 20:18
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On October 23, Standard Bank, one of South Africa's largest banks, issued a credit memo to consumers who have provided automated cryptocurrency arbitrage services. This decision caused a lot of upheaval in the local cryptocurrency market. The publication of these reports also asks questions about the Bank's standard procedures used to determine which funds should be closed. (Bitcoin.com)

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