“Virtex, based in Calgary, is an online market that matches Bitcoin buyers with sellers, with about $13-million of trades under its belt. But earlier this month Royal Bank of Canada quietly informed Mr. David that it would no longer do business with his company. ‘They shut down our account without any reason,’ said Mr. David, an ebullient entrepreneur with a background in technology companies. ‘They just said we have the right to refuse service to whomever we wish.’  For whatever reason, many in Canada’s small but fast growing Bitcoin community are suddenly dealing with the same problem: The banks are shutting down the accounts of businesses that deal in it.”

http://business.financialpost.com/2013/04/27/bitcoin-canada-banks/

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