A few of Portugal’s greatest banks are closing the accounts of digital-currency exchanges, a transfer that might deal a blow to one in all Europe’s most crypto-friendly locations. 

Banco Comercial Portugues, Portugal’s greatest listed financial institution, and Banco Santander, shut down all of Lisbon-based CriptoLoja’s accounts final week, mentioned Pedro Borges, the trade’s co-founder and chief govt officer. The transfer came about after two smaller banks in Portugal additionally closed the corporate’s accounts. The lenders didn’t present an official clarification, he mentioned.

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