19 Oct '15, 5am

bitcoin

bitcoin

"We take every suggestion of anti-competitive behaviour incredibly seriously. It is a very serious allegation to make against the industry, so at this stage we will be focusing on proving that those allegations are totally unfounded," Mr Munchenberg said. "Those suggestions are just nonsense. This is just banks making sure they are properly compliant to legal requirements." Mr Munchenberg said big US banks were particularly wary about falling foul of AML/CTF laws after a number of big fines were handed out, and he said pressure was being put on Australian banks to be extra careful about ensuring they were not associated with any questionable customers. He said banking associations in the UK and Europe had spoken with him about similar issues with de-banking bitcoin companies elsewhere in the world, while AML/CTF concerns were addressed, and suggested some bitcoin companies...

Full article: http://www.afr.com/technology/accc-investigating-why-bank...

Tweets

Australian Commission Investigates Banks’ Closing Bitcoin Companies’ Accounts

Australian Commission Investigates Banks’ Closi...

cryptocoinsnews.com 19 Oct '15, 7am

84 SHARES Twitter Linkedin Facebook Pinterest Google Reddit The Australian Competition and Consumer Commission (ACCC) is i...

Banks Investigated for Closure of Bitcoin Compa...

coindesk.com 19 Oct '15, 9am

The Australian Competition and Consumer Commission (ACCC) has confirmed it is investigating the actions of banks in the co...

Australian Banks Ride the Blockchain After Pushing Out Bitcoin Companies

Australian Banks Ride the Blockchain After Push...

cointelegraph.com 19 Oct '15, 2pm

National Australia Bank and the Commonwealth Bank of Australia will be taking part in a joint project led by global financ...

Australia's Competition Watchdog Investigates Bitcoin Bank Account Closures: Australia's banks are being inves...

Australia's Competition Watchdog Investigates B...

financemagnates.com 19 Oct '15, 5pm

Australia’s banks are reportedly being investigated by the Australian Competition and Consumer Commission (ACCC) following...

Trezor: The Bitcoin Safe - CoinBuzz

Trezor: The Bitcoin Safe - CoinBuzz

coinbuzz.com 18 Oct '15, 1am

Bitcoin is a novel and innovative platform for making digital money transactions over the internet, and it’s cleverly desi...

My Bitcoin Story

randyhilarski.com 20 Oct '15, 11pm

Then in Jun 2013 I sold my house in Rochester, NY. I had decided that I was going to make Panama home. My wife reluctantly...

We wrote down 6 Big Moments in the #Bitcoin ind...

medium.com 19 Oct '15, 5pm

Even though the history of bitcoin mining is short, there have been some big moments. There have even been some industry-r...

This bitcoin startup is changing its name and moving away from bitcoin

This bitcoin startup is changing its name and m...

fortune.com 14 Oct '15, 12pm

Just over a year ago, Halsey Minor quietly launched Bitreserve, a site that allowed customers to convert the digital curre...

Bitcoin

Bitcoin

cointelegraph.com 07 Oct '15, 4pm

MasterCard has been feeling the heat of Bitcoin for over a year now. Bitcoin has become big enough worldwide so that it ca...

What is Bitcoin?

reddit.com 10 Oct '15, 9pm

I use bitcoin regularly. I use it to buy modafinil from India and I use it to do transactions with an online poker site. T...

Banks' approach to bitcoin is 'cynical', says a...

uk.businessinsider.com 18 Oct '15, 7am

REUTERS/Yannis Behrakis A local strolls at an empty beach past a statue of Diogenes the Cynic in the Greek coastal town of...

Banks' approach to bitcoin is 'cynical', says a...

uk.businessinsider.com 18 Oct '15, 7am

REUTERS/Yannis Behrakis A local strolls at an empty beach past a statue of Diogenes the Cynic in the Greek coastal town of...

Banks' approach to bitcoin is 'cynical', says a...

uk.businessinsider.com 18 Oct '15, 7am

REUTERS/Yannis Behrakis A local strolls at an empty beach past a statue of Diogenes the Cynic in the Greek coastal town of...

#bitcoin

#bitcoin

coindesk.com 09 Oct '15, 9am

Ed Boyle is CEO at Blade , a payment processing platform that brings digital currencies onto traditional payment rails. In...