Post
Topic
Board Press
Re: [2013-12-20] Australian Bank Publishes Report ‘Bitcoin to replace AUD?’
by
GnB
on 18/01/2014, 08:32:54 UTC
The report is by NAB, which appears to be by far the most bitcoin-friendly of the Aussie banks. My former bank, the Communist Bank Grin is bitcoin-hostile. There are mixed reactions about ANZ; it seems as though they aren't necessarily overtly anti-bitcoin per se, but they have "fraud concerns".

How do you classify the Australian banks as bitcoin-friendly and bitcoin-hostile? Has the Communist bank suspended savings accounts for doing BTC transactions?
Friendly:
NAB/Westpac have currently taken on many of Australia's Bitcoin-based businesses with little issues (that I've heard of at least).

Hostile:
The business + personal accounts of all the coinjar founders were closed within a few weeks of releasing the website to the public (commonwealth bank).

Not to sure about the others but that's one real example.