Author: Gerelyn Terzo

The hits keep coming for leading cryptocurrency exchange Binance, which has had to duck and cover as global regulators and financial institutions alike have taken aim at the company of late. Among them, South African bank Absa is reportedly suspending users from making credit card payments to Binance to buy cryptocurrencies. Cryptocurrency users look to traditional financial institutions as an onramp from which to buy digital assets such as bitcoin and Ethereum on exchanges. MyBroadband has provided a screenshot of the message users are receiving when attempting to transact with Binance through Absa: Source: MyBroadband The ban has reportedly been…