Wednesday, September 23, 2015

Bitcoin Ban by Banks to be investigated by ACCC

Rod Sims, chairman of ACCC, is considering to investigate the anti-competitive behaviour which is shown by most major banks of Australia when it comes to bitcoin companies, the Australia Financial Review reports. Rod Sims, the chairman of the Australia Competition and Consumer Commission, is considering initiating an investigation into the matter of Australia banks taking the action of shutting down accounts of local bitcoin operators. Sims is pondering over the decision after being contacted by Matthew Canavan, a Queensland Nationals Senator. Senator Matthey Canavan was a part of the Senate Committee that recently looked into bitcoin and other such cryptographic […]

The post Bitcoin Ban by Banks to be investigated by ACCC appeared first on CCN: Financial Bitcoin & Cryptocurrency News.

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