🛾 CASE FILE #224

South Africa’s FNB Just Put Crypto Inside the Bank.

First National Bank has launched 24/7 crypto trading with VALR, letting customers buy BTC, ETH, XRP, SOL and USDT from just R10.

But there’s a catch: crypto is "ringfenced within the FNB ecosystem." Customers can buy and sell, but cannot withdraw coins to a personal wallet or another exchange.

You can own the crypto. You just can’t take it with you.