Bulgarian banks freeze crypto-currency accounts

Accounts of Bulgarian companies working with crypto-currencies are massively frozen by the country's banks.

The post is written based on the article in Russian Language and published on logincasino.com

The Administrator of the forum Bitcoin-Bulgaria said:

"Last night all the banks in Bulgaria blocked the accounts of companies whose activities are connected with the purchase and sale of bitcoins. They also banned transfers to international exchanges. Within a few days a meeting of the Bulgarian Bitcoin Association will be held, where we will present recommendations and a plan for further action to the community. "

Managing Director of the telecommunications company Neterra, Neven Dilkov added:

"The OBB (United Bulgarian Bank) reported a few days ago that it closes our accounts for trading crypto-currencies. After talking with one of the bank's leaders, I realized that this is the owner's decision, and not the regulator's demand. Then we talked with Societe Generale and Piraeus - both banks have no problems with companies working with crypto currency. "

Such problems have already been notified by local crypto-exchange firms.

Earlier it was reported that the government of Belarus plans to legalize crypto-currencies.

Translated from Russian by @bayuya