“Two Canadian businessmen recently got some bad news from their banks. James Grant, owner of Canadian Bitcoins, got a letter. Melvin Ng, proprietor of CADBitcoin, got a phone call. Both men run online exchanges where you can purchase Bitcoins for Canadian dollars. And both were informed their businesses’ accounts frozen by Canada’s largest banks. ‘It’s a weird situation,’ Ng told us by phone recently. ‘We’re a normal Canadian business, we’re registered with the government, and a Canadian bank can just block it off.’ Grant was more blunt: ‘They just don’t like Bitcoins.'”
http://au.businessinsider.com/canadian-banks-closing-bitcoin-businesses-2013-4
Related posts:
Paypal freezes $45,000 of Mailpile’s crowdfunded dollars
Reality Check: Does Libya Attacks Change U.S. Foreign Policy Moving Forward?
Overcharge: 29 States Mandate High-Cost “Green” Power Generation
Housing…”For-Sale” Supply Wave Hitting Market?
Reality Check: One question Sec. of State Clinton was not asked about Benghazi
Dronebusters: Turning Spy Drones into Barney Fife
Cameras vs. LAPD: Was A Photographer Interfering or Just Taking Pictures?
Traffic Camera Company Uses False Threats To Extract Ticket Payment
Video: Huge Protests In Brazil Sweep The Country
Colorado Recreational Weed Sales Top $14 Million In First Month
After being hacked again, IRS shuts down e-File PIN service
Feds put heat on Web firms for master encryption keys
Police Officers Explain Why Millennials Make Terrible Cops
EU data law hits set-back in Germany
Bitcoin Auction Site Puts Itself Up for Sale After Theft of 15 Bitcoins