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Bank of Montreal closes Cointrader’s accounts

Posted on 19th February, 2014

On Monday, Vancouver-based Bitcoin exchange Cointrader announced in a blog post that their corporate and customer account have been closed by the Bank of Montreal. The decision by Canada’s forth-largest bank follows recent negative comments about cryptocurrencies from Canadian Finance Minister Jim Flaherty. Flaherty’s comments noted that Bitcoin and related currencies represented a “threat” to […]