Australia’s ‘Big Four’ Banks Will Not Prohibit Bitcoin Buy Transactions

in bitcoin •  7 years ago 

 Australia’s biggest banks have ruled out any notion of barring customers from buying cryptocurrencies like bitcoin.
In marked contrast to a handful of US-based Wall Street banks and one major UK banking group, Australia’s traditional ‘big four’ banks won’t be withholding their customers from buying cryptocurrencies using their banks’ services, including credit cards, Australia’s ABC news reports.
While Australia and New Zealand Banking Group (ANZ) rejects dealing with businesses operating as ‘issuers, dealers or exchanges’ of cryptocurrency due to their unregulated nature, the bank has no qualms about its customers buying cryptocurrencies with their money. 

Full article: https://www.ccn.com/australias-big-four-banks-will-not-prohibit-bitcoin-buy-transactions/

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Sounds good to me. Those are the kind of banks that I want to deal with.

That's the good news
It doesn't scare me anymore. I'm going to increase my bitcoin holdings at the right price.
Good luck

Great information. Loved your article. Can you please follow me too?

Good news for the international status of cryptocurrency

Of course , good news for Australian businessmen.