Australia’s major banks pull plug on bitcoin companies

By September 21, 2015Bitcoin Business

A Bitcoin logo is displayed at the Bitcoin Center New York City in New York’s financial district July 28, 2015. Australia’s major banks are closing accounts of bitcoin companies, forcing at least 13 digital currency providers out of business in response to tougher rules on money laundering and terrorism finance, an industry body spokesman said on Tuesday.

The move comes just months after Westpac Banking Corp became the last of Australia’s four major banks to […]

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