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Monday, November 20, 2017

Hong Kong Banks Shun Bitcoin, Driving Startups to Seek Foreign Banks

Hong Kong banks have frozen and closed accounts of bitcoin businesses, forcing the companies to open foreign accounts, according to the South China Morning Post. A representative of Hang Seng Bank advised the Gatecoin exchange on Sept. 15 that its account was suspended, without explanation.

from Google Alert - Bitcoin http://ift.tt/2jGPMrQ

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