Quote from: owenprescott on May 11, 2013, 07:38:22 PM

Quote from: BitcoinUK on May 11, 2013, 07:32:52 PM

the issues in the UK are not to do with banks hating bitcoin, but banks hating people that don't follow regulation guidelines in regards to FIAT. such as Amir Taaki who is a known hater of government rules that never got FSA regulated with his intersango business.

now he is living as a squatter in some office building somewhere

Funny how the regulators turn blind eyes on the banks yet manage to be very capable at disrupting new services in the UK.

banks dont get ignored. they follow the rules in regards to asking for Id when setting up an account/setting customer limits.. what FSA does not do is tell banks not to lie about certain things or say dont leg it with peoples money. al they care about is customers traceability.

basic rule of thumb is as long as we can trace where customers send their money to its fine. if you decide to leg it with the money, thats fine too as long as you bought the government insurance from http://www.fscs.org.uk/

but amir taaki never got regulated and never got the insurance so yea, he deserved to get screwed by proving he couldnt look after customers funds legally