James Grant, owner of Canadian Bitcoins, got a letter.
Melvin Ng, proprietor of CADBitcoin, got a phone call.
Both men run online exchanges where you can purchase Bitcoins for Canadian dollars.
And both were informed their businesses' accounts frozen by Canada's largest banks.
"It's a weird situation," Ng told us by phone recently. "We're a normal Canadian business, we're registered with the government, and a Canadian bank can just block it off."
Grant was more blunt: "They just don't like Bitcoins."
Melvin Ng, proprietor of CADBitcoin, got a phone call.
Both men run online exchanges where you can purchase Bitcoins for Canadian dollars.
And both were informed their businesses' accounts frozen by Canada's largest banks.
"It's a weird situation," Ng told us by phone recently. "We're a normal Canadian business, we're registered with the government, and a Canadian bank can just block it off."
Grant was more blunt: "They just don't like Bitcoins."
- Excerpt from a recent Business Insider article, read the full article here:
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