US Cannabis Group Denied Banking, Time For Bitcoin?steemCreated with Sketch.

in bitcoin •  8 years ago 


Fiat-based legal cannabis entities in the US are under pressure as an advocacy group suddenly loses its bank account.

As multiple resources report, The Marijuana Policy Project this week received notification from PNC Bank it could no longer use its services.

MPP, which does not directly deal in cannabis, said PNC considered serving the group to be “risky” despite there being no legal issues.

“They told me it is too risky. The bank can’t assume the risk,” MPP Chief Operating Officer Nick Field told the Washington Post.
Read more: https://cointelegraph.com/news/us-cannabis-group-denied-banking-time-for-bitcoin

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potcoin and metal will help them out

Again the powers that be can't let cannibas destroy thier pharmacy buddies.

Bitcoin, potcoin, or some other cryptocurrency has yet another void to fill...