“One New York virtual currency exchange, Bitfloor, closed its doors in April after Capital One Financial Corp. closed its account. PNC closed the accounts of FastCash4Bitcoins in the spring, preventing them from receiving wire transfers. In August, Commonwealth Bank, one of the largest Australian Banks, closed the accounts of CoinJar. In the growing Bitcoin economy, the banking relationship is a key factor in survival, growth and success. Not all Bitcoin companies are the same, and there’s no reason a compliant Bitcoin company shouldn’t be able to get banking services. Here are factors to consider if a Bitcoin company seeks a relationship with your bank.”
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
There They Go Again: Fed Officials Give Rate Timetables
Houston police chief suspended for one day for hitting pedestrian
Foreign embassies in London hard hit as HSBC closes their bank accounts
St. Louis: Bitcoin Accepted Here
Google knows nearly every Wi-Fi password in the world
In Gold’s Own Country
Married Tulsa police officers arrested in fatal shooting of unarmed man
Malaysian development fund officials stole $4.5 billion, and no one's talking
Andorra bows to EU pressure to introduce first-ever income tax
Iranian hemophilia society: U.S., EU sanctions endanger lives
Economist Debates: Should cannabis be legal everywhere?
U.S. Attorney General Warns of Criminal Appeal of Bitcoin
Youngest Bitcoin businessmen
Former Tiffany & Co. exec pleads guilty to stealing $2.1 million in jewelry
GOP bid to rewrite tax code falters