Post
Topic
Board Bitcoin Discussion
Re: RBC closed my commercial bank account for having Bitcoin related activities.
by
Cryptolator
on 05/03/2014, 19:23:04 UTC
Just wanna know what is the legal stand of Canada on Bitcoins..? because this incidents appears like RBC treats bitcoins as drugs, is it a problem with a particular bank..!

It's still quite a grey area, it's legal as far as I know but since we have an oligopoly of 6 banks here, they do whatever they want and that's a real problem.


well now you have the opportunity to test the limits of bitcoin to the fullest

instead of looking for another bank, look for ways to work around the banks only using btc,  call it forced progress

or

you can spearhead a bitcoin foundation of canada and start talking to the banks, central banks, and any other national financial regulators to have btc respected if not codified


I hate the very notion of a bank looking analyzing my account outside of the numbers.  How did they make the bitcoin association?




Simply by the name of my company, I suppose...