Standard Bank tries out cryptocurrency with Bitcoin pilot project -

edited February 2014 in Site discussion

imageStandard Bank tries out cryptocurrency with Bitcoin pilot project -

Late breaking news of the day: Standard Bank appears to have been testing a Bitcoin trading platform which allows customers to buy and sell the cryptocurrency through an online banking system, and use it to pay for goods and services directly from their regular current accounts. The system is based on a third-party set-up developed …

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  • is not the only local exchange as launched late last year and also offer litecoin purchases and seem more community minded and involved in getting bitcoin adoption spread wider. When this is properly launched, it will again show how South African banks are leading the way in innovation and will be interesting to see how other banks respond.
  • Thanks Haroun - I must have missed that one. Need to set up an interview with them now :)
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