Latest News and Articles about Portugal

Portugal’s BiG Bank Blocks Crypto Transfers Amid EU’s Tightening Regulations

11 January 2025 Daily Feed BiG, DeFi, MiCA, Portugal

Portugal’s Bank Slams the Door on Crypto Transfers Amid EU’s Tightening Grip Portugal’s largest bank, Banco de Investimentos Globais (BiG), has unexpectedly blocked fiat transfers to cryptocurrency platforms, aligning with the European Union’s new anti-money laundering and counter-terrorism financing regulations. This move marks a departure from Portugal’s previously crypto-friendly stance, with the introduction of a […]

BiG Bank Halts Fiat to Crypto: Portugal’s Regulatory Shift and DeFi Push

9 January 2025 Daily Feed BiG Bank, Crypto Regulation, DeFi, Portugal

Portugal’s BiG Bank Halts Fiat Payments to Crypto Platforms: Navigating Regulatory Shifts Banco de Investimento Global (BiG), managing assets close to €7 billion, has halted fiat payments to cryptocurrency platforms, signaling a shift in Portugal’s once crypto-friendly stance amidst evolving regulations. BiG suspends fiat payments to crypto platforms Delphi Labs’ José Maria Macedo criticizes the […]