Dear Kiwis,
It is with regret that we announce that we have been debanked in New Zealand 😢
Our NZ payment processor can no longer provide services to the 'crypto' industry.
We will search for a new bank, but in the meantime, please do not deposit any NZD, as it will bounce back.
Remember: This is why we #Bitcoin.
We will come liberate you some day 🫡
Just another example of how the banks take the exorbitant privilege given by government (fractional reserve laws) and scam citizens into thinking they are safe.
Banks aren’t safe. Deposits are only credits - it’s not your money when you need permission.
Keep going Bitaroo. Find a way to keep the life boats open.
the exits continue to close
Ugh. I wonder if this is going to happen to other exchanges like easycrypto. Sorry to hear about this.
Is this for all kiwi exchanges?
All the kiwi digital exchanges that use the same payment processor as we do.
That's not choice bro, don't buy any jersies until it's choice again.
Bugger, not a good sign. @jack mallers has #strike heard of any issues?