Tag: Rod Sims

Australian Authorities Clear Banks in Bitcoin Account Suspension Probe

The Australian Competition and Consumer Protection Commission (ACCC) has decided that several banks did not violate any statutes in closing the accounts of several digital currency companies across the country. The investigation was prompted when the Australian Financial Times published a scathing piece in September of last year, which claimed that seventeen bitcoin companies had received letters from their banks that stated that they would lose access to their accounts. …
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