JUST IN‼️: Australian-based Bitcoin exchange, Bitaroo, has announced they have been “debanked” in New Zealand telling users:
“Our NZ payment processor can no longer provide services to [the] 'crypto' industry. We'll search for [a] new bank, but meanwhile, please don't deposit any NZD, as it will bounce back.
This is why we #Bitcoin .” https://void.cat/nostr/49059c4dec2c82b0014f1ed3b1ed17c547ca38fae0d985ac5a0b61ce7563cb70.jpg
Imagine that? Shutting down the entry and exit ramps so that the only way to buy bitcoin is through the ETF’s. Who didn’t see that coming? Same thing is happening here in canada.
A few years ago, I saw the same thing happen in Brazil, several exchanges had their accounts blocked or even closed, which made it impossible for users to buy #Bitcoin by making deposits in Fiat currency.